SOL/USDT Weekly Chart Update
SOL is forming a massive cup and handle pattern on the weekly timeframe – a strong bullish continuation setup leading to a major breakout.
Currently trading around $199, SOL is consolidating below the key resistance level of $250-$260. Once we achieve a weekly close above $260, it could confirm a breakout move towards $450-$480 (approximately +90-100% upside).
Support: $170-$180 (handle base/accumulation zone)
Resistance: $250-$260 (breakout zone)
Target: $450-$480
Overall sentiment remains bullish – the structure is clear, and momentum is building. A confirmed breakout above the resistance level could mark the start of SOL's next major surge.
DYOR | NFA
SOL is forming a massive cup and handle pattern on the weekly timeframe – a strong bullish continuation setup leading to a major breakout.
Currently trading around $199, SOL is consolidating below the key resistance level of $250-$260. Once we achieve a weekly close above $260, it could confirm a breakout move towards $450-$480 (approximately +90-100% upside).
Support: $170-$180 (handle base/accumulation zone)
Resistance: $250-$260 (breakout zone)
Target: $450-$480
Overall sentiment remains bullish – the structure is clear, and momentum is building. A confirmed breakout above the resistance level could mark the start of SOL's next major surge.
DYOR | NFA
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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.