$SOL

SOL
SOL
96.68
-1.99%

SOL
SOLUSDT
96.69
-1.94%

The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is heading for a strong breakout and retest.

We are seeing a bounce from the lower boundary of the descending channel, this support at 138.

We have a downtrend on the RSI indicator that is about to be broken and retested, supporting the upward trend.

We are looking for stability above the 100 moving average.

Entry price: 142
First target: 144
Second target: 146
Third target: 148