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Analyst Spots Bullish Pattern: Is Solana Heading for a $565 Breakout?

  • Solana is trading at $204, up 1.18% in the last 24 hours, with a slight pullback after reaching $205.
  • Solana's ascending triangle pattern indicates a potential breakout towards $565, aligning with historical Fibonacci-based rallies.
  • Solana is up by 1.60% and 10% on the weekly and monthly charts, respectively.
  • Technical indicators suggest a bullish momentum in the Solana market, with a potential rally towards key resistance levels at $220 and $240.

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