💰 #SOL continues its recovery

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

According to my forecast, the price is rising. All thanks to liquidity removal under the global support zone at ~$115 and ~$125. This false breakdown was the trigger for the reversal 📈.

Now we can state the fact that the price has returned to the range, relevant for more than a year. It is sideways after the growth at the end of 2023 - beginning of 2024.

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

👑 #solana