SOL is showing strength on multiple timeframes.On the hourly chart, it has broken out of an inverse head & shoulders pattern with the neckline now acting as support a strong bullish signal.
On the 3-day chart, price has bounced from the lower boundary of a long-term expanding channel, suggesting a potential continuation toward the upper range.
Both short-term and macro structures are aligned for further upside. If momentum continues, a move toward $170 and beyond is possible.
This might be the calm before a major breakout.
Stay sharp.
Comment below if you want me to share the best long-term accumulation zones for $SOL.
#Solana
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Register on Blofin and trade with me: bit.ly/Mojo1000
Free TG Daily Futures Signals: bit.ly/CRYPTOMOJO_TA-TG
Free TG Daily Futures Signals: bit.ly/CRYPTOMOJO_TA-TG
Disclaimer
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.