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Solana Forms Textbook Cup And Handle Pattern – Massive Breakout Ahead?

  • Solana is trading at critical levels after several days of trying to break above the key $155-$160 resistance zone. Bulls are slowly building momentum as the broader crypto market shows signs of strength.
  • Technical indicators suggest a bullish outlook for Solana as it forms a textbook-perfect cup and handle pattern, indicating a potential major bullish breakout in the coming weeks.
  • Solana has shown strength amid shifting market dynamics and has emerged as one of the stronger performers among major altcoins, with analysts closely watching the $160 level for a decisive breakout.
  • The current price action remains tight below the key resistance level, and it is crucial for bulls to reclaim the $160 level to regain control and continue the recovery.

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