Still bullish

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Still bullishSOL / USDC PERPETUAL CONTRACTCOINBASE:SOLUSDC.PLAMBOBSolana still trying to recover from the Fed rate cut dump flipping the blue ascending channel to resistance. It's actually recovered very quickly from $190 and trying to break back up into the blue channel. Overall Bullish in my view. A break back into the blue channel then a brief retest will signal a strong move to the upper end of the blue channel. If it dips below the midway point of the yellow channel I suspect it will be brief unless we fall below $200. A dip below $200 will signal a larger dip. But, I expect a second Fed rate cut in late October to result in an equally bullish pump similar to the recent dip pushing towards $300 SOL.