In the short term I expect SOLUSDT to break through this block, form a lower high, reject the Parallel Channel median and head towards 35.2. ---------------------------------------------------------------
Another scenario I'm looking at on the hourly chart, is from a point of view of an Ascending Channel. I still expect the price to get rejected on the block (36.5 to 36.35)
Zooming out to a daily chart, I'm curious to see if Solana can make a higher low.
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SOL reached 35.2 and then bounced towards and beyond 38.55. Validating the Ascending Channel scenario