$SOL The price action of SOL indicates that it may gain momentum if it successfully breaks through the bullish flag pattern on the daily candlestick chart.

The bullish flag pattern is a bullish setup that forms after the price consolidates within a downward range following a sharp price increase.

The bullish flag is usually resolved after the price breaks above the upper trendline and rises by as much as the height of the previous uptrend. This places an upper target for the price of SOL at $303, or a 100% increase from the current price.