SOLANA → When will the sale end? Bullish trend...

SOLUSDT.P is testing the key support zone of 210-215 amid a market decline. However, it is too early to say that the correction is over; additional signs are needed...



Bitcoin is not slowing down yet, a small correction is forming, and there is a chance for the market to fall to 110K. This could also trigger a decline in altcoins before further growth. SOL has been hit by a general sell-off across the entire market. Technically, the chart shows a sell-off and a halt to the decline in the support zone of 212.22. A double bottom has formed, which may be tested before the price returns to growth.
The current consolidation in the range of 212.0 - 221.0, the boundaries of which are of interest to the market, gives hope.

Support levels: 212, 200, 197
Resistance levels: 221, 231.5

A breakout of the local consolidation resistance and a close above 223.5 - 224 could trigger further growth within the bullish trend. Otherwise, MM may test the liquidity and support zone of 212.0 before the coin begins its recovery phase.

Best regards, R. Linda!