Looking at the chat $SOL that has been going for a few weeks, it is quite certain that it retested quite a lot in the $120 area.
In frame W, $SOL has identified a strong support area in the recent decline, and also formed a pattern of two rising bottoms.
RSI frame W is also gradually rising and surpassing the 50 mark and the uptrend still supports $SOL despite the extremely gloomy market over the past few weeks.
The SOL/BTC chart on the W frame has also gone up after testing the bottom twice. On small frames, the SOL/BTC chart has almost completely broken out.
After $BTC ETF, $ETH ETF, SOL is expected to have an ETF next, so it is likely that SOL will be promoted and have a new ATH.
