$SOL

The SOL token is currently trading within a falling wedge pattern, as seen in the provided chart.

This pattern is generally considered bullish, but it requires a confirmed breakout to signal a reversal.

The Ichimoku Cloud is acting as a resistance barrier above the current price.

For a bullish trend to be confirmed, the price would need to break above both the upper trendline of the wedge and the Ichimoku Cloud.

Conversely, a breakdown below the lower trendline of the wedge would invalidate the bullish potential of the pattern.