Solana on course for $ 1.315: After a successful cup-and-hand outbreak, a lot indicates a possible rally potential of 630%!

Solana on course for $ 1.315: After a successful cup-and-hand outbreak, a lot indicates a possible rally potential of 630%!

Solana price forecast: Bullic potential after cup-and-hand outbreak

The Solana price could achieve a target brand of USD 1.315 after a promising cup-and-hand outbreak. This technical formation indicates a possible rally of up to 630%, which makes investors and retailers attract attention.

technical analysis and key levels

The cup-and-handle is a proven chart formation that often signals a potential trend reversal. At Solana, the analysis shows that the course has formed a stable upward trend in the past before consolidation occurred. The "Cup" represents the phase of price correction, while the "handle" describes the last consolidation before the possible outbreak.

Current technical indicators and chart patterns support this bullish perspective. Important support levels have kept, which indicates that the interest of the buyers remains strong. If the price overcomes the resistance brand, this could pave the way for the above rally.

trade approaches and strategy

For dealers who are interested in Solana, various approaches could be pursued. The first step is to follow the current price movements carefully and observe relevant resistance and support levels. A clear confirmation of the outbreak could offer a basis for starting in long positions.