On the 4-hour chart, Solana is forming a bullish pennant, but we haven’t seen a breakout yet. Once we break through the pennant’s resistance, my target is the green zone, which could be a good area to take profit.
Strategy: I’m waiting for a confirmed breakout from the pennant and will be targeting the green zone for potential profit-taking.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.