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Solana Forms Bullish Flag On Daily Chart — Breakout Imminent?

  • Solana is showing strength with the formation of a bullish flag pattern on the daily chart, suggesting a potential breakout.
  • Analysts suggest that Solana could rally towards the $168 to $174 zone after a Cup and Handle breakout on the 4-hour chart.
  • On the weekly chart, Solana is forming a wedge pattern that could lead to a significant move, with a realistic target of $300 according to some analysts.
  • Maintaining positions above key levels, such as the downtrend line on the 4-hour chart, could accelerate Solana's upward momentum, potentially targeting $700+ according to certain analysts.

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