Solana ($SOL) is showing signs of a potential breakout. On the daily chart, it's forming a rounding bottom pattern — a classic setup that often leads to upward momentum.
The current price sits around $173.75, with a possible upside target near $204. If the price pulls back slightly and then moves higher with strong trading volume, we could see a significant rally.
It’s worth keeping an eye on the key support and resistance levels. If SOL follows through on this setup, it might present a solid trading opportunity.
As always, manage your risk, take profits when it makes sense, and make sure to do your own research.
