This Is Why Solana’s (SOL) Fakeout Could Trigger a 13% Price Drop

Solana (SOL) has been trading within a horizontal channel on the four-hour chart since the beginning of September. However, over the weekend, the altcoin managed to break above this channel, reaching a peak of $140.  Unfortunately, this breakout was short-lived, as SOL quickly retraced and returned to the channel, indicating a fakeout.  Solana Price Fakeout Misleads... source: https://beincrypto.com/solana-fakeout-could-trigger-price-drop/