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SOLUSDT
Long Entry 239.4300 2025-09-20 01:02 UTC
Target 294.7200 Fail 215.0000
Risk/Reward 1 : 2
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SOLUSDT
Cryptocurrency
Technical
1H
Analysis Predict Bull Market
The analysis focuses on Solana (SOL) and identifies a recent breakout above the upper boundary line of a wedge pattern. It highlights a push to the 100% extension level around $294.72, characterizing it as a typical resistance level. The current pullback is considered small relative to previous ones, and the potential for a retest of the trend line originating from May is noted. The analysis suggests the price may come down to retest before continuing to go higher. The analysis gives the target as the 123.60% extension level and highlights the historical trend line.
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