$SOL is showing promising signs of recovery as it re-enters its established channel and begins to form higher lows. Currently priced at 190.05 (+3.24%),SOL is positioning itself for a potential breakout above its current trend. This move suggests that the cryptocurrency is gearing up for the next phase of upward momentum.
Traders are watching closely for a breakout, followed by a retest of the trend, which could solidify the shift toward a bull market. With back SOL in action, many are preparing for a potential bull run in the coming weeks, as the asset shows increasing strength.
If SOL successfully breaks above the trend, it could be an exciting time for investors. Keep an eye on upcoming market movements, as $SOL looks poised for a fresh push higher.