Odds of a Solana rally in the coming weeks are...
Nguồn: SOL / USDT trên TradingView On the 4-hour chart, Solana showed strong bullish momentum in the five days. Back in late June, the price had burst past the resistance and daily bearish order block in the $18.5 zone. After it was flipped to support and retested, demand began to swell. This drove Solana toward the $22.3 level over the past three days. The OBV was evidence of the rise in demand as higher buying volume pushed prices higher. The market structure and trend on the 4-hour chart were firmly bullish. Yet, that does not mean a breakout past $22.3-$22.5 was imminent. After the sell-off in mid-May, SOL pumped to this region before reversing its trend with a vengeance. Hence it was likely that sellers would defend this level dearly. Therefore, SOL traders must be prepared for the possibility that SOL can form a range between $22.3 and $19.9 or even $18.5. On the other hand, a breakout and retest of the $22.3 would be a welcome buying opportunity for swing traders. The short-term weakness of the Open Interest gave bears an advantage While the 4-hour price action highlighted bullish strength, the 1-hour Open Interest chart spelled bears could be in the ascendancy. Over the