$SOL 📈 Solana Price Action: What's Next? 🔮
Right now, Solana is trading within a large symmetrical triangle — and that's actually pretty exciting! 😎 These patterns often lead to clear and predictable price movements. Let’s break down the two most likely scenarios:
Scenario 1: Inverse Head & Shoulders (Daily Chart)**
In this case, we might see the price break out, retest the triangle support, and then reclaim the horizontal support level. This could set the stage for a bullish move. 🚀
Scenario 2: Consolidation Before a Breakout**
This seems like the more likely scenario. We could see some consolidation within the triangle before any breakout. A classic liquidity grab and shakeout might happen first — flushing out the weaker hands before the real move takes place. 💥
I'll go over potential price targets and invalidation levels in my next update, as it’s still a bit early to finalize. Be sure to follow for real-time updates, and as always, stay tuned! 📊
