DeGRAM | SOLUSD will test the support line

📊 Technical Analysis
● SOL/USD is testing the lower boundary of the descending channel near $150, a key support aligning with the broader bullish trendline from June. The pattern suggests a potential rebound within the channel toward $175–$180 resistance.
● Multiple triangle formations indicate prior consolidation phases before upward moves, reinforcing the likelihood of another medium-term recovery if support holds.

💡 Fundamental Analysis
● Growing institutional activity in Solana’s DeFi and NFT ecosystems continues to support long-term investor confidence, despite short-term volatility.

✨ Summary
● Support: $150. Resistance: $175–$180. A sustained bounce from the lower trendline could trigger a rally toward $190.

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