Solana’s Bullish Cup and Handle Pattern May Signal Price Surge
Solana is showcasing a legendary cup-and-handle pattern on its charts. This formation is a classic bullish technical indication, resembling a teacup. The “cup” forms a rounded bottom, while the “handle” indicates a slight downward drift before a potential breakout. Currently, Solana ranks as the sixth-largest cryptocurrency by market cap. This pattern could pave the way for significant price movement. Traders and investors should stay alert as this technical indicator gains momentum, possibly drawing interest back into the Solana ecosystem.