SOL / TetherUS
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#SOL/USDT

621
#SOL

The price is moving in a descending channel on the 1-hour frame and is adhering to it well and is heading to break it upwards strongly and retest it

We have a bounce from the lower limit of the descending channel, this support is at a price of 157.48

We have a downtrend on the RSI indicator that is about to break and retest, which supports the rise

We have a trend to stabilize above the Moving Average 100

Entry price 159.85
First target 165.92
Second target 169.59
Third target 175.10

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