Textbook Cup & Handle on $SOL – A Beautiful Setup!

The $SOL chart is painting a pristine Cup & Handle pattern – one of the most reliable bullish continuation structures in technical analysis.

- The Cup: A smooth, rounded bottom showing strong accumulation, with resistance near the $160–$170 zone.

- The Handle: A tight, orderly pullback (currently forming) to shake out weak hands before the next leg up.

Why a Bounce is Likely:

- The handle is testing key support with declining volume, signaling selling pressure is drying up.

- A breakout above the handle’s resistance could trigger a measured move targeting **$200+.

**The Shape is Poetry in Motion – patience here could pay off beautifully! 🚀

*Watch for confirmation with volume on the breakout.