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. As long as the strong market momentum continues, SOL upward trajectory is bound to continue.