SOLUSDT is in an uptrend. We can see the price from the trend line forming a pullback and reaching the support zone, the upper boundary of which starts from the peak formed on June 24, 2022.
I assume that the price can go deeper into the support zone, up to the support of the price channel.
The chart perfectly shows an uptrend. This is indicated by the trend lines MA 50 and 200.
I assume that the price can test the support zone with a false breakdown and form a continuation of growth. The key liquidity zone on the chart is indicated at 54.21.
Short-term target is the resistance of 48.13.
Regards R. Linda!