#SOL/USDT
2024-11-16

#SOL

The price is moving in a descending channel on the 1-hour frame upwards and is expected to continue.

We have a trend to stabilize above the moving average 100 again.

We have a downtrend on the RSI indicator that supports the rise by breaking it upwards.

We have a support area at the lower limit of the channel at a price of
205.

Entry price 218.00.
First target 224.81.
Second target 232.27.
Third target 240.50.