BINANCE:SOLUSDT formed a range zone after the massive bearish moves. It ranges between 127.00 and 147.00. You can see that the market keeps bouncing off the key support level at 130.00. The level is holding the price above it. I think that after bitcoin halving the market will slowly move up. I expect the price to retest the key resistance zone by potentially breaking through the upper border of the downward channel. My target is a resistance below the key level at 169.95
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻