Solana (SOL) - Bullish Breakout!!!
2024-11-14

Solana has created a bullish flag pattern on the chart. This bullish flag pattern indicates that a breakout is imminent. My analysis identifies a key price target of the first at $308.

The chart shown indicates a bullish flag pattern, which is a technical signal suggesting that an uptrend will continue after a period of consolidation. The flagpole represents a prior rapid price increase, while in the meantime a slight pullback is expected leading us in the horizontal consolidation phase.

During this phase a brief pause with multiple attempts to break the ATH major resistance before the next upward movement creating a new All-Time High.


🟢Support= $174

🔴Major Key Resistance= $259

🌟Target= $308🎯



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