Guggenheim Solar ETF $TAN is at a key resistance around $25.50. Failure to push through might result in loss of confidence and could end up dragging TAN back into consolidation/correction mode. TAN Daily Chart(click to enlarge)Confluence of Projected Resistance:- There is a bunch of resistance around $25.50.- First, this is a previous resistance pivot from Nov. 2017.- If we project the falling support, this is also where a falling resistance meets price.- Finally, the RSI is around 60. If it holds under 60, the market is probably still in this bearish correction mode because it would suggest maintenance of the recent bearish momentum.- The fact that many might see resistance here suggest that if it breaks, price can climb fast towards the previous high, which was around 26.70.