Solana (SOL): Getting Ready For End Phase of Triangle Pattern
2024-09-26

Solana is approaching the final phase of its triangle pattern, and we’re considering two possible scenarios:

1.	Potential 26% Upside Move: The price is nearing the upper resistance zone and remains above the EMAs. We’re watching for a potential breakout, followed by a re-test of the broken zone. If the re-test is successful, we could see a strong upward move from there.

2.	Potential 30% Downside Move: If the price faces rejection at the upper resistance or the breakout fails, we’ll shift focus to the support zone. A break below this support, followed by a successful re-test, could lead to a significant downward move.

Swallow Team 