$SOL ā Bottomed and Ready to Tackle $200 again?
#Solana formed a proper bottom formation based on a resistance line and the bottom of its upward channel.
š I don't think that we will see much lower price for the moment.
Contrary, it is likely that Solana will gain some momentum and move upwards.
ā The next major resistance sits at $200 ā the previous top and also the upper boundary of the channel.
ā”ļø When looking at the technical indicators we can see lots of #bearish trend indicators. However, this is totally fine as they lack behind. More importantly, the MACD has turned bullish and we can expect some momentum.
š¤ AI Forecast looks promising and contains bullish forecast for the 7D and 30D timeframe.