#MarketPullback
Solana (SOL) has seen a 15.3% decline over the past month, despite its strong performance this year. This decline is attributed to weak activity in meme coins and profit-taking by investors. However, technical analysis suggests that Solana’s price could see a significant increase, possibly reaching $300, based on the “bullish pennant” pattern, which indicates a strong uptrend that could put it back on its upward trajectory.