July 20, 2024
July 20, 2024
Solana's SOL token gained 21% in the last seven days.
SOL forms a 'Huge pennant' pattern, indicating bullish momentum.
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SOL's price dropped to $116.98 before forming the bullish pattern.
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The 20-day Simple Moving Average (SMA) supports a robust uptrend. The 20-day SMA is positioned at $145.87, below SOL’s price.
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SOL could potentially break above $171 by the end of the week.
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A breach above $171 could push SOL's price toward $189
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