Solana (SOL/USDT) has recently formed a descending channel, which broke down from and touched the lower boundary of the parallel channel.
Following this, SOL began an upward movement, reaching $25. Currently, there is a divergence on the RSI indicator, which suggests that SOL may reach $35 after touching a liquidity pool or an area lower than that, possibly the second area.
As a financial analyst, I recommend waiting for a long confirmation before considering buying SOL.
weekly time frame:
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