SOL / TetherUS
Long

#SOL/USDT

106
#SOL

The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is heading for a strong breakout and retest.

We are experiencing a rebound from the lower boundary of the descending channel. This support is at 149.

We are experiencing a downtrend on the RSI indicator, which is about to break and retest, supporting the upward trend.

We are heading for stability above the 100 moving average.

Entry price: 153
First target: 155
Second target: 159
Third target: 162

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