$SOL is currently trading around $223.44. Price is consolidating within a descending channel (marked by two trendlines).
Possible Scenario:
If SOL closes above the upper channel trendline with strong volume, expect a potential uptrend continuation towards $250-$260 (as marked with the arrow).
Failure to break out could result in a pullback to the $216-$220 support zone. Keep eye on it. Stay tuned with us for further updates
