Bullish Cup and Handle Pattern on Solana
The cup and handle pattern is a well-established bullish setup that often precedes significant price increases. Solana ( $SOL ) has been consolidating within this handle pattern after a prolonged rally, indicating potential upward momentum. Although some further correction may occur in the short term, the pattern suggests a likely spike toward and possibly beyond the previous high of $260.
This setup could offer an attractive opportunity for traders anticipating a bullish breakout.