Veteran trader Peter Brandt identifies a massive five year cup and handle pattern on the Solana chart, signaling a potential 106 percent upside once the pattern resolves.
Solana is maintaining support above 100 after hitting a weekly high of 110. Technical indicators suggest the recent breakout structure remains healthy despite the minor retracement.
Solana is consolidating near the 100 level within a tightening symmetrical triangle. With heavy liquidation clusters sitting just above and below current prices, a volatile breakout appears imminent.