SOL
147.3
-0.97%
🚨 Falling Wedge Breakout: SOL Solana Price Targets $180 Next 🚨
After weeks of grinding through a downward channel, chart analyst AMCrypto believes that the short-term downtrend for Solana price is done. It is now convincingly pushing past the trendline resistance of the wedge, and that too with strong bullish momentum. The sharp move came on the back of a clear reversal structure and healthy volume, reinforcing the strength behind this rally.
Solana breaks out of a falling wedge with bullish momentum, setting sights on the $170 to $180 price zone. Source: AMCrypto via X
According to AMCryptoAlex, Solana has cleanly broken out of a falling wedge pattern and is now trading around $145. If SOL Solana price holds this breakout, immediate targets lie around $170 to $180. Should momentum continue, a new all-time high could be in play by Q3 or Q4, especially as demand-side factors begin to align with this technical setup.
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