SOL Target HIT - Take Profits / Shorts (Carefully)

3 nov 2021

Sol blew right through my technical target of $231 from the breakout of the falling wedge identified a few days ago. Showing overbought on high time frames with bearish structure forming on low time frame indicators such as the RSI while Mac D still attempts to climb. Personally I am short from $243 but BE CAREFUL. SOL seems very Euphoric at the moment and even though market cap has already flipped ADA, anything is possible. Be prepared to take a loss if you are front running a short position on leverage.