Prominent analyst Bluntz, with a substantial following on X, forecasts a significant rally for Solana (SOL) based on technical analysis. The prediction centers on an ascending triangle pattern, a bullish indicator suggesting a potential upward breakout. Solana has been trading within a defined range for the past 36 days, with increasing buying pressure. Bluntz compares this to a previous 166-day consolidation period that preceded a substantial surge, adding credibility to the current forecast. Investors are advised to watch for a breakout with high volume, although market conditions remain volatile.
Analyst Bluntz Predicts Solana Breakout Amid Bullish Pattern
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.