ShanayaQueen
07/11 16:32
Solana Price Breaks Out With $164 Target: How Far
Solana Price Breaks Out With $164 Target: How Far Is $251?
Solana price broke out of a symmetrical triangle, triggering bullish continuation signals across multiple timeframes.
Analysts currently forecast technical levels of between $164 and $251 as technical patterns closely link with robust derivatives data and rising market volume.
In the meantime, Solana price is currently trading at $158, gaining over 1.75% in the past week.
Solana Price Broke Triangle Resistance and Targets $164
According to Ali Martinez, Solana price confirmed a breakout above triangle resistance near $152. His one-hour chart showed Solana price breaking a multi-day consolidation structure that formed between June 30 and July 8.
The symmetrical triangle indicated consistently higher lows and reduced volatility, which is usually a signal of imminent rapid action.
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