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Is Solana Brewing a $1,000 Rally? 3-Year Cup & Handle Setup Emerges


Is Solana Brewing a $1,000 Rally? 3-Year Cup & Handle Setup Emerges

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TL;DR

  • Solana forms a 3-year cup and handle, with breakout targets of $500 and $1,000.
  • The cycle model suggests Solana could peak at Zone V, projecting a rally above $18,000.
  • Forward Industries acquires 6.82M SOL, becoming the largest holder with 1.26% of the supply.

Cup and Handle Setup at Key Resistance

Solana’s weekly chart shows a cup and handle pattern that has taken shape over three years. The asset is now testing the neckline around $245–$250, a zone viewed as critical for confirming the breakout.

Read the article at CryptoPotato

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