$SOL/$BTC (DAILY): GOLDEN POCKET bound and UPTREND

SOL vs BTC looks ripe on the WEEKLY, so let's zoom in on the DAILY for a better idea.

First of all, the 200 MA, the green upcurving KEY moving average, has held as additional support level in confluence with the GOLDEN POCKET.

We saw a good bounce and now it looks ready for some WAVE 3 explosive action, as soon as the imnediate resistance is overcome.

BULLISH MACD crossover, this chart should become super bullish once above the yellow 50 MA, my main short-term momentum boundary of sorts.

Beyond the TA, I also expect a usual SELL-THE-NEWS added selling pressure after the SOLANA #etf has gone live today.

Regardless, if the charts signal BULLISHNESS, I will take my LONG set-up above $206 (hopefully not before the FOMC, I would rather avoid new positions in the lead-up to FED'S decision tommorow.


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