Today’s report will include:

In Today’s analysis -SOLUSDT- trading back towards its key support level where a bullish retest needs to confirm for a bounce back towards the highs.

Points to consider ✍

SOLUSDT’s current price action is corrective after an impulsive move from the lows, a confirmed bullish retest will solidify strength.

Price Action needs to have a strong bullish expansion after the retest, it needs to break key resistance points such as the POC to reach the overall Swing High.

Overall, from Bitcoin Insider’s perspective, SOLUSDT is a valid long with defined risk, price action it to be used upon discretion/ management. ✍

Hope this analysis helps.

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Bitcoin Insider bouncing back to work, See you in the next one! 👊