💰#SOL continues its recovery

We can now say that the coin has successfully emerged from the three-month peak ⬇️. The downtrend is coming to an end.

According to my forecast, the price is rising. All thanks to the removal of liquidity below the global support zone around ~$115 and ~$125. This false breakout was the trigger for the turnaround 📈.

We can now state that the price has returned to the range that has been relevant for more than a year. It is in a sideways movement after the growth at the end of 2023 and the beginning of 2024.

The nearest resistance is the 200-day EMA moving average and the mirror zone between ~$180 and ~$195. It is most likely that the price will gradually move towards that area 🎯

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