SOLANA SHOWING BULLISH SIGNS

On the 1hr timeframe, we can see solana cover over 75% of the pennant. Should solana trade above the resistant pennant @40-40.65 price range, then we may likely see a strong buy impulse, especially with the 50MA currently crossed above the 200MA.

If the resistance at the upper pennant hold off strong, then we may likely see solana come down to the $35 region before moving sideways.