Solana is showing one of the cleanest technical setups in the DeFi space right now. The daily chart reveals a textbook saucer formation, a pattern that often precedes strong upside moves.
🔍 Key Levels to Watch:
• Support: $215–$220 – This zone must hold to keep the bullish structure intact.
• Breakout Zone: $250–$260 – A close above this range confirms the saucer breakout.
• Target: $480–$500 – Based on the pattern’s depth and duration.
The path of least resistance is up, and with altcoin sentiment turning bullish again, this could be a precursor to alt season.
📈 Monitoring closely for a confirmed breakout.
#Solana #SOL #Altcoins #CryptoTrading #DeFi #ChartPatterns #TechnicalAnalysis #CryptoSetup #Altseason
🔍 Key Levels to Watch:
• Support: $215–$220 – This zone must hold to keep the bullish structure intact.
• Breakout Zone: $250–$260 – A close above this range confirms the saucer breakout.
• Target: $480–$500 – Based on the pattern’s depth and duration.
The path of least resistance is up, and with altcoin sentiment turning bullish again, this could be a precursor to alt season.
📈 Monitoring closely for a confirmed breakout.
#Solana #SOL #Altcoins #CryptoTrading #DeFi #ChartPatterns #TechnicalAnalysis #CryptoSetup #Altseason
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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.
Related publications
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.