Solana — Ready For The Next (Massive) Move?
Solana has been trading in a falling wedge pattern for over a month. This is a typical consolidation channel after a price surge.
Although the price is slightly above the upper trendline, we haven't seen a clear breakout yet. Always remember that the price does not respect exact lines but specific ranges.
Once volume increases and the price moves above $245, we should be suitable for an entry. Based on the pattern, the next target is $340. However, as always, it's wise to take profits along the way.