$SOL looks to be in a 'Broadening wedge' pattern and right at the support of it. Prices hold support and we could see them springboard off of these levels towards resistance and a higher key technical target above $360 which is currently over +310% away... (Solana)

The Solana chart at first glance shows some weakness. The token has lost about 10% over the month, reflecting the overall cooling of the cryptocurrency market. However, behind these numbers lies an important detail. From February 6 to March 4, the asset showed a sharp recovery. The quotes rose from $67 to $94, recording an increase of nearly 40% in less than a month. Nevertheless, this jump was accompanied by a warning signal. The most dedicated holders did not show confidence in the continuation of the trend. The lack of support now intersects with a fresh technical indicator, creating conditions for a probable pullback.

Avoid initiating buy positions in $SOL even at the $60 level.