#SOL/USDT

#SOL

The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is on its way to breaking it strongly upwards and retesting it.

We are seeing a bounce from the lower boundary of the descending channel, this support is at 172.

We have a downtrend on the RSI indicator that is about to break and retest, which supports the upward trend.

We are looking for stability above the 100 moving average.

Entry price: 173
First target: 176
Second target: 180
Third target: 183