Solana - In recovery mode

Since my last post, Solana managed to go back into the channel, and break the upper trendline.

Yet, this doesn´t mean that we should be bullish. The downtrend definitely lost steam, but we are yet to see a higher high in the daily timeframe.

I´m looking at key 105-106 resistance to be broken, to consider an uptrend is finally in place.

In the blue circle we can see that price has been consolidating for the last couple of days, and I will wait for the resolution of this consolidation to decide on a trade.

My current bias is for a break of the resistance, leading us to a test of the next key level at 131.