Solana ($SOL ) is showing signs of recovery after bouncing from a major support zone reinforced by the Trendline. This suggests that the selling pressure has significantly reduced and buyers are taking over. With the recent break of the SHORT-TERM downtrend line and the convergence of technical indicators, $SOL could be preparing for a fresh rally in the short term.
Currently, the trading volume remains average. If the volume increases sharply as the price approaches the $150-$152 resistance zone, this will be a strong signal for the continuation of the uptrend. Conversely, if the volume decreases, we could see a short-term correction.
