Solana is ready to pump thanks to strong technical indicators and ecosystem support.
The biggest piece of positive news comes from a popular chart analyst, Ali Martinez. He took to X (where he has over 136K followers) to share the monthly $SOL chart, which is forming a bullish cup and handle pattern.
The ‘cup’ started forming around November 2022, with the handle coming into existence during the tariff-induced panic sell-off.
What’s even more encouraging is that this pattern has taken a long time to form – almost 2.5 years. This makes it a stronger bullish indication.
It’s also worth noting that $SOL has risen around 38% since the second week of April, showing good upward momentum.
Read on to find out more reasons why investors are bullish on $SOL. We’ll also point you towards the best crypto to buy to benefit f ..
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