#BinanceLeadsQ1
Solana is now bullish, I will explain. Many signals point to this fact, and they are easy to see. Once I share them below, you will totally agree with me. Right? Let's start with the easy part. The volume is increasing and has been very strong lately. A significant increase in trading volume after a major drop and as prices rise is a signal that confirms any bullish trend. The bullish trend occurs when it moves and recovers above support.
Support is at the Fibonacci extension level of 0.148, Solana is trading above it. The support is the low from early August 2024, SOLUSDT is trading above it.
Support is the EMA34, Solana closed daily above this level after reaching resistance. Support was found, bullish.
The RSI is bullish with a reading of 55. A bottom formation is observed, a V-shaped pattern. Want to know more?....