Technical analysis by Apollo_21mil about Symbol SOL: Sell recommendation (8/3/2024)

As BTC continues to show weakness, likely to 52k again, I expect Sol to continue to dump to this fib again. This would be a great bounce zone. There is a chance of a bear trap at 59.5k for BTC but we will see. I am keeping some cash available to add to positions closer to 52k at this point. -I expect this 125-128$ Sol in the next two weeks -I expect a major reversal leading into sept similar to 2020