Alikze »» SOL | Ascending channel - 4H
2025-01-24
Category: None

🔍 Technical analysis:  Wave 2 correction in the ascending channel and after its completion, the third upward wave will begin 

📣 KUCOIN:SOLUSDT  

🟢 Solana was reviewed on the daily timeframe in the previous post, where it faced demand after reaching the golden zone and continued its growth to the supply zone.

💎 Solana is currently facing selling pressure in the supply zone, which could face demand as a pullback to the swing and break the previous supply zone towards the $350 ~ 380 target.

🔔 In addition, if Solana touches the golden zone again, the bullish scenario should be re-examined and revised.
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