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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