The possibility of forming a selling position for Solana
2024-10-07

As shown in the 4-hour chart, after a sharp downward movement near the main daily support, the price has created an upward movement, which in fact created liquidity to take further liquidity. 
Currently, due to reaching the range of the daily key level and the 4-hour breaker block that I have specified, as well as the weakness of the trend that can be seen in reaching the resistance, I expect a rejection and a selling position from this area. 