<ul data-eligibleForWebStory="true"><li>Solana has broken out of a bullish “cup and handle” pattern on the 4-hour chart with a price target of $168–$174.</li><li>The breakout is supported by strong technical indicators and a 24-hour volume of $2.86 billion, indicating increased purchasing strength.</li><li>Analysts advise caution for traders due to Solana's high volatility and potential for sharp intraday reversals, emphasizing risk management strategies.</li><li>Short-term price direction for Solana hinges on maintaining activity above $149 and a rebound in trading volume to avoid the risk of a false breakout.</li></ul>

Solana Breaks Out of Bullish Pattern, Eyes $174 Price Target

Discover more