$SOL #SOL ANALYSIS
SOL is rebounding from the horizontal demand zone and is currently trading above the 200-day moving average (MA), which is acting as support and indicating bullish momentum. If the price holds above this level, further upward movement could follow.
However, a breakdown below the demand zone would signal a bearish shift, potentially leading to a downward trend.
What do you think about the current situation with SOL?

SOLUSDT
Perp
65
+4.63%