$SOL ♦️The rapid recovery after the pulldown❗ and current price action near the previous high strongly suggest a prevailing bullish trend❓❓
#sol Despite the significant pulldown to $96.01, the SOL/TetherUS 2-hour chart demonstrates a strong and rapid recovery back towards the previous high, currently trading at $131.41. This swift rebound after establishing a higher low suggests significant bullish demand and a rejection of lower prices, indicating strong upward momentum is in play.
The current price action near the previous major high of $133.27 signals a potential breakout is imminent. A decisive break above this resistance level with strong volume would confirm the bullish trend continuation, likely leading to further upward movement and the establishment of new highs for SOL/USDT as buyers maintain control.
#sol Despite the significant pulldown to $96.01, the SOL/TetherUS 2-hour chart demonstrates a strong and rapid recovery back towards the previous high, currently trading at $131.41. This swift rebound after establishing a higher low suggests significant bullish demand and a rejection of lower prices, indicating strong upward momentum is in play.
The current price action near the previous major high of $133.27 signals a potential breakout is imminent. A decisive break above this resistance level with strong volume would confirm the bullish trend continuation, likely leading to further upward movement and the establishment of new highs for SOL/USDT as buyers maintain control.
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SOL
170.67
+1.11%
