SOL - Triple Bottom

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Solana is in the process of confirming a triple bottom on the daily line chart.

On the daily line chart, there is a clear level for buyers and a clear level for sellers. The level for buyers is daily closes above $78 (green line). The level for sellers has been daily closes below $88 (red line).

SOL has also created a bullish divergence on the daily line chart, with higher lows on the RSI while price has formed the same low.

If buyers are able to confirm this triple bottom, SOL is likely to rally back to the red line. If price can break and close above that red line, then the next two upper white lines become the upside targets.

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