SOLUSDT Bullish Flag Pattern
2024-10-22

SOLUSDT Technical analysis update

SOLUSDT has been forming a bullish flag pattern over the last 230 days. The price is now moving toward the flag resistance line for a potential breakout. Once the breakout occurs, we can expect a price move of 50% to 150%. Additionally, the price is trading above the 100 and 200 EMA on the daily chart.

Buy level: After confirmation of the breakout from the flag pattern.