Hey there, fellow traders! Exciting news on the Solana – it just made a breakout from the $80 resistance level!
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Picture this: an ascending triangle is in play, suggesting some potential upward action. What does this mean? Well, it could set the stage for Solana to reach the $88 and $100 levels in the coming period. How awesome is that?
Now, let's not get too carried away – always keep a careful eye on your trades. A savvy move would be to maintain a watchful stance and consider having a stop loss below the trending line. Why? Because that's just smart risk management in action.
So, to sum it up: Solana's breaking barriers, an ascending triangle is pointing towards possible gains at $88 and $100, but stay cautious and don't forget that trusty stop loss below the trending line.
Happy trading