#SOLUSDT Solana has now formed a wider wedge pattern after a sudden drop on the daily timeframe, indicating that selling pressure has eased and the market is rebuilding.
The price has shown signs of recovery in the pattern by forming a bullish divergence, which could lead to a trend change and further upside.
If it breaks above the pattern, this move could lead to significant profits; price targets in this scenario could reach $177, $203, $224, $245, and $270, respectively.
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#SOLUSDT Solana has now formed a wider wedge pattern after a sudden drop on the daily timeframe, indicating that selling pressure has eased and the market is rebuilding.
The price has shown signs of recovery in the pattern by forming a bullish divergence, which could lead to a trend change and further upside.
If it breaks above the pattern, this move could lead to significant profits; price targets in this scenario could reach $177, $203, $224, $245, and $270, respectively.