ANALYSIS #SOL / #USDT

SOL is consolidating within an ascending channel pattern and is currently trading above the support trendline. This level could act as a recovery zone, potentially leading to an upward move.

However, the Ichimoku Cloud is serving as a resistance barrier above the price action, which could limit the upward momentum.

A break below the channel support line would signal a further correction and downward movement. Keep an eye on key levels for confirmation.