According to Coingabbar Price Analysis, Solana's price has exhibited a three-week period of sideways trading, oscillating between the $51.4 and $68.00 horizontal levels.
Solana price undergoes a revival, marked by a rounding bottom pattern.
Recovering robustly, SOL finds support at the lower trendline of a triangle pattern.
Having breached the triangle, SOL now trades above it.
On the 4-hour chart, a triangle breakout presents a short-term entry, encountering resistance at the $62 supply zone.
A bullish rally looms if SOL closes above $62, aiming for $68.00.
KEY LEVELS :
RESISTANCE LEVEL : $62.00-$64.00
SUPPORT LEVEL : $58.00-$56.00
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