Solana Price Set to Breakthrough: Astonishing Trend Indicates Major Explosion!

Solana (SOL) price is currently displaying a typical cup and handle pattern, suggesting a potential significant increase. Since the end of 2021, Solana's price has formed a stable 'cup' bottom and is currently in the 'handle' phase, indicating a breakthrough is near.

Technical analysis shows that Solana's key resistance level is at $220, and a breakthrough at this level could trigger strong upward momentum. As market participation increases, Solana is gradually accumulating strength, preparing for a potential price range of $400 to $600 in the coming months.

However, there are certain risks in the short term, especially with the rising wedge and head and shoulders pattern appearing on the 4-hour chart, which may lead to a temporary price pullback to the $131-$133 range. But in the long term, if the key resistance of $220 is broken, Solana is expected to experience a greater surge, becoming a market leader.