SOLUSDT respects the $140 axis and tests the roof of its falling channel. Holding that shelf lets bulls aim for 160-170 and keeps the broader up-channel alive; a dip under 135 would postpone the rally but not derail the long-term trend ⚡️Trade active
SOL – CUP & HANDLE FORMATION📈 Solana is meticulously crafting a textbook "Cup and Handle" pattern on the chart. This is widely regarded as one of the most reliable bullish continuation patterns, often preceding a substantial upward price movement. The "cup" has formed a solid, rounded base, indicating a period of stabilization and accumulation. The current, smaller consolidation in the "handle" is building up kinetic energy for a powerful breakout. A confirmed move above the handle's resistance is expected to trigger a strong rally.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.