The market performance of Solana (SOL) has attracted widespread follow from investors. From a Technical Analysis perspective, SOL currently presents an exciting cup and handle pattern on the monthly chart. This pattern is often seen as a strong pump signal, suggesting a significant rise may be imminent.


In addition, the cloud chart at the monthly level also shows a bullish pattern, further strengthening this positive expectation. It is worth noting that when such a large cycle shows this trend, its impact often exceeds many people's expectations.
Based on these technical indicators, analysts predict that the price of SOL is expected to reach a range of 300-500 dollars. This prediction, although optimistic, is not entirely impossible considering the high volatility of the cryptocurrency market.
However, investors should also remain cautious. A wise strategy is to closely follow the weekly and monthly indicators of the cloud chart. When these indicators approach the top, it may be the right time to consider reducing or liquidating positions.
Overall, the future trend of SOL looks quite promising, but like all investments, risk management is always key. Investors should develop trading strategies that suit their own risk tolerance and investment goals, and remain vigilant, ready to respond to market changes at any time.
SOL-0.44%
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Ghafoor1122vip
· 09-20 03:33
We all know that chillguy skyrocketed only after the normies talked about the currency everywhere.
Why is everyone talking about 67 when it's under 50-100 million? They are not buying at this low price.
So if the people buying less than 50 million are mostly miners,
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Ryakpandavip
· 09-19 09:56
Quick, enter a position! 🚗
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