Solana has shown a false breakout and returned inside the triangle pattern. If the chart successfully breaks out again, it may be worth entering. A significant amount of energy has been condensed.
Typically, ascending triangles or cup-and-handle patterns exhibit a high likelihood of upward breakout; however, this cannot be guaranteed. Doge has shown several false breakouts, which is not an positive signal. The safest strategy would be to buy only after it has completely surpassed the most recent high.
We need to keep watching the chart.
With Trump and Elon Musk, Dogecoin enters a new phase. There is still plenty of potential for it to rise to the level where Elon first boosted Dogecoin in the past.
