🪙 #SOL is waiting for the continuation of the upward trend

Today we will focus on the 4-hour timeframe. Here the price has entered a local consolidation 🕯, currently limited by two trend lines.

For now, a bullish pennant pattern 🐂 is forming. I see the main scenario as a breakout upwards through it. However, there is also a possible variant of lateral expansion downwards due to the withdrawal of liquidity below the mirror level of ~$141. This would lead to a transition towards a bullish flag.

Overall, I expect a breakout upwards through one of these formations 📈, characteristic of this stage of the market.

#solana #sol #TrendingTopic #TradingCommunity #TradingSignals $SOL