SOL entered a shallow correction over the past week after reacting to the $24.5-$26 resistance range, and the price dropped to the $20.50 range. It was again supported by the high strength of the previous bullish wave, and yesterday it recorded a strong bullish candle with a 20% increase in price. In the 4-hour period, if the strong bearish candle is not closed below the $25 range, the possibility of a complete break of the current resistance and further movement to reach the resistance ranges of $33.18 to $37.48 at the ceiling of the descending channel will be provided. This target is located exactly at the ceiling of Solana's main descending channel, but the main and important resistance from which we expect a strong negative reaction is located in the $48 range. If Solana's short-term uptrend line is broken, it can move below the current resistance range of the range trend.
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