#Solana at a Critical Juncture! ๐ฅ
$SOL has rallied hard from $125 โ $192 โ a whopping +50% move in just 30 days! But hereโs whatโs cooking now:
๐บ Rising Wedge Pattern spotted โ a structure that often signals trend exhaustion at the top.
Price is hugging the upper trendline
Historically, rising wedges near local highs often precede short-term corrections or fakeouts before breakout
๐จ Key Levels to Watch:
$200โ$210 โ Breakout zone
$180 โ Mid-support, potential bounce zone
$165โ$150 โ Wedge base and strong demand
โก๏ธ Break above $200 with volume = bullish continuation
โฌ๏ธ Breakdown from $180 = pullback toward $150โ$165
A breakout from this wedge could catapult $SOL into $230+ territory. But failure here could trigger a retest of lower support.