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.

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