Everyone is watching this weekly reversal on $SOL , but missing the multi-month trendline breakout confirming a major macro pivot.
After breaking out of the descending parallel channel, price has reclaimed key structural support above the $90.99 buy zone. This strong bullish expansion on the weekly timeframe signals a long-term character shift, clearing out months of lower-high consolidation.
Holding above the $90.99 and $78.11 accumulation levels validates the macro long setup, unlocking sequential upside targets at $138.97 and $186.94 . Sustaining this momentum paves the path for a multi-stage push toward the major resistance ceiling above $260.00 .
Don't ignore weekly trendline breakouts macro structure shifts establish the biggest macro moves.
#SOL #Solana #CryptoAnalysis #TechnicalAnalysis
After breaking out of the descending parallel channel, price has reclaimed key structural support above the $90.99 buy zone. This strong bullish expansion on the weekly timeframe signals a long-term character shift, clearing out months of lower-high consolidation.
Holding above the $90.99 and $78.11 accumulation levels validates the macro long setup, unlocking sequential upside targets at $138.97 and $186.94 . Sustaining this momentum paves the path for a multi-stage push toward the major resistance ceiling above $260.00 .
Don't ignore weekly trendline breakouts macro structure shifts establish the biggest macro moves.
#SOL #Solana #CryptoAnalysis #TechnicalAnalysis
