Downloading...
SOL / TetherUS
Long

SOLUSDT Cup & Handle Formation

166
SOL is forming a large Cup and Handle pattern on the weekly timeframe, a classic bullish continuation structure. Price is currently approaching the neckline resistance zone around the $250–$280 level. This area has acted as a major barrier in the past, rejecting the price multiple times, but the structure suggests it's now being retested with greater momentum.
If the neckline breaks cleanly with strong volume, the projected target could push SOL into the $600–$700+ range over the coming months.

Cheers
Hexa

SOLUSDT SOLUSD

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.