Technical analysis by DJ123 about Symbol SOL: Buy recommendation (1/8/2024)

SOL bull market is still in progress and has established support on the daily up uptrend which existed since October of 2023. SOL still has room to grow and has also formed a Bullish Pennant Pattern on the daily chart and is bullish on the Daily, Weekly and Monthly.The lower low for this uptrend have been established on the Daily timeframe.SOL is currently fueling up for another bullish move.