$Sol Solana is currently surpassing the neckline of the cup | CoinInsight on Binance Square

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$Sol Solana is currently surpassing the neckline of the cup-and-handle formation on the 4H chart👀 
Following a retest, we might witness a movement toward $250📈 

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-4.62%

157

0

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# US Dollar Analysis The US Dollar is consolidating within an ascending channel and is currently testing the support trendline for a possible breakdown. The Ichimoku Cloud above is providing strong resistance, limiting upward momentum. A decisive break below the channel could lead to a bearish move, although a rebound from this level is also possible. Considering the US Dollar's usual inverse relationship with the crypto market, this price action could significantly influence upcoming crypto trends.

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Here is the analysis of $AI : $AI has been moving within a large consolidation range, with key support around $0.11 and resistance at $0.13. The range is wide enough to allow for some scalping and intraweek trades. A clear swing buy or sell opportunity can be taken if there is a breakout.

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If you're still optimistic about $SOL at the peak for some reason, I have a bullish mid-term scenario for you. It's just a higher high, nothing extreme like $1k $SOL or anything similar. With 2-3 months left in the Bull Market, $SOL might rise slightly above the 0.618-0.786 Fibonacci levels. If the ABC pattern becomes more complex, a Leading Diagonal scenario would fit perfectly here. In this scenario, we have a Leading Diagonal in Wave A, followed by a B correction, and then the final steep Wave C in October-November (a higher high to attract more investors).

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