🚨 Solana ($SOL Technical Update – Cup & Handle Pattern in Play? 🚨
Solana has shown impressive strength with a clean bounce from the key support zone I highlighted earlier (marked in yellow). This move could be signaling the start of a bullish continuation.
🔍 Technical Pattern Watch – H1 Cup & Handle?
On the 1-hour chart, we may be seeing the formation of a classic cup and handle pattern — often a reliable bullish indicator if confirmed.
📈 Key Levels to Monitor:
Break & Retest Above $155: A decisive move above this level could open the door to a rally toward $180+.
Support to Hold: As long as $SOL trades above $136, the bulls are in control. No cause for concern for long positions at this stage.
🔒 Bullish Bias Remains Intact
Traders should keep a close eye on volume during the breakout and watch for a clean retest of $155 to confirm b
ullish momentum.