Quote from: cryptoaltFAIZAN on May 06, 2025, 01:15:27 PM

Solana price is forming a bullish cup and handle pattern.
A breakout above $150 could drive price action toward $200.
Support near $140 remains strong after multiple retests.
Solana (SOL) price continues to hover around the $140 support level as bulls attempt a recovery. The asset remains in consolidation, reflecting the broader market’s sideways movement. Despite limited momentum, SOL maintains a slightly upward structure when observed over time.

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Following Bitcoin breaking above $100K, Solana has surged past the $150 resistance, confirming the bullish cup and handle breakout pattern. Since the market is bullish, it would rally toward the $200 level, let’s see it might probably hit it in a few days. The strong support which was held around $140 after multiple retests shows signs for further upside and as long as the strong market momentum continues, SOL upward trajectory is bound to continue. I’ve also been coming across traders predicting $300-$400 but i don’t agree because altcoins are unpredictable.