After the recent 109 slump, SOL is recovering and is now trading at 137. So will there be another drop?

Let's explore the 4H chart ๐Ÿ‘‡

The selling pressure has weaken and may have been exhausted when market had a sudden downturn yesterday. The bulls are back, as the 4H KDJ oscillator is starting to detect FOMO volume recently.

Moreover, the daiky KDJ oscillator has long been suggesting a bounce back to 202. Right now, there's literally a lot of reasons to be bullish with SOL.

We have a thick resistance at the 135-143 price zone. So it's just normal that SOL is now struggling to go past this zone.

FOLLOW for more.

If you're still looking for a safe, low cap, x1000 token, checkout PITBULL. The community will launch a telegram game and pitswap 2.0 very soon.