Solana crypto is garnering attention as it completes a chart pattern indicating potential strong price growth.
Completion of Cup-and-Handle Pattern
Solana has completed the cup-and-handle pattern, a reliable bullish continuation indicator. Holding strong above key support levels of $180–$200, it sets the stage for potential growth.
Price Targets
Analysts see growth potential to three key levels: $377.47, $451.30, and $524.25, indicating a long-term bullish agenda. The first target is for short-term traders, the second for mid-term growth, and the third fully realizes the pattern’s potential.
Technical Indicators and Support
The underlying trend structure supports further price increases. An ascending trendline and rising trading volumes suggest buying interest. A break below $180–$200 support could challenge bullish prospects.
Solana showcases potential for significant price increase, supported by cup-and-handle pattern completion and technical indicators. However, potential corrections may occur if market conditions worsen.