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This SOL/USDT chart shows a descending channel pattern, then a breakout or potential move to the upside. The price is currently testing major support at approximately $157, with a potential upside target of approximately $290–$310. The chart suggests that SOL is potentially in a bullish trend, with a breakout above the resistance currently. Spot buying SOL could be a great play based on this analysis if the price confirms the upside breakout.

This graph shows the total cryptocurrency market cap forming a "cup and handle." The price has been forming a rounded bottom (the cup) and is now on the verge of breaking above the handle area. As soon as the price breaks above the $900 billion resistance line, the chart shows a strong bull trend would push the market cap upwards, demonstrating altcoins like SOL can expand. Purchasing SOL now may ride this trend.

This chart suggests levels of liquidation and leverage in the market. The concentrated nature of liquidations around the $170 level could be suggestive of a possible reversal or price support. As the price consolidates here, it could lead to the price moving upwards, i.e., the trend of SOL is bullish. Buy SOL on spot.

Entry: 157.65
1st Tp: 185.08
2nd Tp: 239.19
3rd Tp : 293.73
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