$SOL
Current Price: $149.06 (+2.04%)
Solana Price Forecast: Is a Major Breakout Coming?
Crypto analyst Ali Martinez has highlighted a "textbook" cup and handle pattern on Solana’s chart, supported by a solid rebound from the lower end of the descending channel forming the handle.
This reversal confirms the bullish setup, putting SOL on track for a potential breakout. If successful, the price could surge toward $450, representing a 200%+ gain — with Martinez hinting at the possibility of even reaching four-digit levels.
Technical Signals Look Bullish:
RSI is climbing and nearing the 50 level, indicating increasing buying strength.
MACD is approaching a golden cross, often a sign of a major trend shift — last seen during explosive post-election rallies.
Still, SOL faces a crucial resistance at $160. A clear break above this level could propel the price toward $190, the next major hurdle.
But a rejection may lead to a correction, with support around $125 being the key level to watch — especially amid ongoing economic uncertainty.
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