SOLUSD represents the price of Solana, a cryptocurrency, in relation to the US dollar. This pair is a popular trading instrument among cryptocurrency traders, offering a unique opportunity to capitalize on the growing demand for digital assets. The 1-hour chart of SOLUSD shows a strong bearish trend in the recent past, with the price declining from a high of 86.21 to a low of 81.82. However, the current candle window (UTC) from April 11th to 13th has seen a reversal in trend, with the price bouncing back from the mentioned low and forming a series of higher lows. This upward…

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