♦️Solana Price Outlook: Is a Breakout on the Horizon❓❓
Crypto analyst Ali Martinez has spotlighted a “textbook-perfect” cup and handle pattern for $SOL, signaling a bullish setup. A strong rebound from the lower support of the descending channel has validated the pattern, putting Solana on track for a breakout. If successful, this move could push the price toward $450—representing a potential 200% surge from current levels. Martinez even hinted at the possibility of 4-figure targets.
Technical indicators are aligning in favor of the bulls. The RSI is climbing toward the neutral 50 level, suggesting increasing buying momentum. Meanwhile, the MACD is nearing a golden cross on the weekly chart—an event that previously triggered major rallies following political milestones.
Despite the bullish setup, Solana faces a critical test at the $160 resistance level. A breakout above this could open the path toward $190. However, rejection at this zone may lead to a pullback to the $125 support, especially amid broader economic uncertainty.
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