💰#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 🎯