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TheCryptoBasic

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Solana Defends $145: Is a Breakout Move to $180 Possible?

  • Solana is facing a crucial test at the $145 support level with a potential breakout to $180.
  • Solana's recovery rally has encountered resistance at the $150 psychological barrier, resulting in consolidation.
  • The consolidation zone between $145 and $155 has completed a bearish head-and-shoulders pattern.
  • Despite short-term bearish signals, an analyst anticipates a major recovery for Solana with a breakout from a cup-and-handle pattern towards $300.

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