SOL may experience an incredible price surge, as technical analysis charts indicate its potential could reach 20 times!

The technical analysis of $SOL is quietly signaling a bull market, making one wonder: Can SOL achieve a massive increase of 2000%?

Famous analyst Peter Brandt revealed that a 'cup and handle' pattern has appeared on SOL's weekly chart. This pattern indicates that the price first undergoes a U-shaped rebound, followed by a consolidation phase. Although investors still have concerns about the future market, SOL has been preparing in the $100-$200 price range since March of this year!

Once $SOL breaks through the resistance level at $205, it could soar to a high of $4500, which means over 20 times growth. However, historical data also shows that although the cup and handle pattern is a positive signal, its 61% success rate reminds us to remain cautiously optimistic and not chase prices without justification.

Crypto expert Tuna Kaya also joined the discussion, stating on October 21 that $SOL has already broken through the resistance level of $163, with the target price range now being $190-$200. At the same time, he pointed out that $163-$150, $140, and $126-$120 are key support levels, and investors should closely monitor the dynamics of these price ranges.