$SOL USDT
UPDATE
#SOL/USDT breaks the trend line
Price has found resistance at 175 and is likely to correct in the short term with the overall backdrop being positive and buying the pullback.
Plan A: buy the breakout above 175 if a new high is made.
Plan B: buy the dip back at 168 or slightly lower. It is expected that this price increase will reach at least 190
The technicals suggest a notable change in the trend as the Gaussian channel just turned green, indicating the beginning of an upswing. Moreover, the price is closely ranging just below the upper bands of the channel and if they manage to break above the levels, a fresh upswing may begin.
Therefore, Solana’s (SOL) price continues to remain within bullish influence and hence a bullish breakout above $175 may be expected at the beginning of the second half of 2024.
DYOR
Not Financial Advice
