5TANI GROUP OF TRADERS
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Occasional Trader
1.3 Years
Crypto Spot Trader | Passionate about Altcoins & DeFi | Sharing daily technical analysis and market insights | #Crypto #DeFi #Trading
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Solana (SOL) Approaching Breakout Zone!
Chart Pattern:
Solana $SOL is retesting the neckline of a rounding bottom on the 2-day chart — a strong bullish reversal pattern.
Current Setup:
This consolidation phase presents a great opportunity for a medium-term entry before the next potential breakout.
Breakout Targets (Take Profit Zones):
TP1: $223
TP2: $250
A decisive move above the neckline could spark a strong upward rally toward these targets.
Watch Closely:
Momentum is building — a breakout from this pattern could mark the beginning of SOL’s $SOL next bullish leg
$SOL
Solana $SOL is retesting the neckline of a rounding bottom on the 2-day chart — a strong bullish reversal pattern.
Current Setup:
This consolidation phase presents a great opportunity for a medium-term entry before the next potential breakout.
Breakout Targets (Take Profit Zones):
TP1: $223
TP2: $250
A decisive move above the neckline could spark a strong upward rally toward these targets.
Watch Closely:
Momentum is building — a breakout from this pattern could mark the beginning of SOL’s $SOL next bullish leg
$SOL
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