📈LONG: $SOL (1W)

#SOLUSDT | #SOL | #Solana

Current Price $257.85

Market Cap $122.51B

Change 1h +0.42% | 24h -0.88%

Weekly Indicators:

• RSI: 71 - Overbought 🟢

• MACD: 21 - Bullish 🟢

• EMA: 162 - Above 🟢

Analysis:

The chart shows a classic Cup & Handle pattern that just broke out—exciting times! This bullish formation suggests a potential ride on upward momentum. Traders are buzzing with anticipation as the breakout indicates strong market confidence and a new trend could be forming.

Price Targets:

With the breakout confirmed, keep an eye on the next major resistance around $375.98. If momentum holds, this target is within reach. For now, consider buying dips and enjoying the ride as the market unfolds