Solana ($SOL) is currently forming a wedge pattern near the bottom of a larger macro triangle on its chart.
What this means:
A macro triangle is a long-term consolidation pattern where price moves between support and resistance.
A wedge inside the triangle signals short-term compression—buyers and sellers are in a tight range.
When price breaks above the wedge’s resistance with a daily close, it often confirms the start of a potential upward move.
Key levels to watch:
Support: $80–$85
Breakout trigger: daily close above wedge resistance
Potential upside: target zone around $150
Patterns like wedges and triangles help traders identify areas where price momentum may shift. Confirmation through daily closes is important before assuming a trend change.
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