In an analysis, crypto analyst ZAYK Charts has identified a bullish pattern in Solana's (SOL) price chart, suggesting a potential surge.
Crypto analyst ZAYK Charts has shared an analysis on Solana (SOL) price, highlighting a bullish breakout pattern that could lead to a surge toward $350.
In a tweet on March 10, along with a chart, the analyst expressed optimism, writing, “$SOL Bullish Pennant Breakout is Done as Expected ✅ Now Send to $350.”
The analysis on a 2-day timeframe shows that SOL price broke out of a bullish pennant, a pattern that typically signals a continuation of the prior uptrend.
After a strong upward move, SOL price consolidated in a pennant formation, and a breakout from this pattern is usually seen as a bullish sign.
According to ZAYK, the breakout is in line with expectations, and the next target for SOL price is $350.
After breaking out of the pennant, SOL price showed a slight increase, aligning with ZAYK’s projection.
The analysis suggests that SOL could continue to track the previous bullish trend with support from buying volume and technical patterns.
After breaking out of the bullish pennant, SOL price has started to rise, aligning with ZAYK’s projection and indicating that SOL may continue to track the previous bullish trend.
After breaking out of the pennant, SOL price showed a slight increase, aligning with ZAYK’s projection.
The analysis suggests that SOL could continue to track the previous bullish trend with support from buying volume and technical patterns.
After breaking out of the bullish pennant, SOL price has started to rise, aligning with ZAYK’s projection and indicating that SOL may continue to track the previous bullish trend.
After breaking out of the bullish pennant, SOL price showed a slight increase, aligning with ZAYK’s projection.
The analysis suggests that SOL could continue to track the previous bullish trend with support from buying volume and technical patterns.
After breaking out of the bullish pennant, SOL price has started to rise, aligning with ZAYK’s projection and indicating that SOL may continue to track the previous bullish trend.
After breaking out of the bullish pennant, SOL price showed a slight increase, aligning with ZAYK’s projection.
The analysis suggests that SOL could continue to track the previous bullish trend with support from buying volume and technical patterns.
After breaking out of the bullish pennant, SOL price has started to rise, aligning with ZAYK’s projection and indicating that SOL may continue to track the previous bullish trend.
After breaking out of the bullish pennant, SOL price showed a slight increase, aligning with ZAYK’s projection.
The analysis suggests that SOL could continue to track the previous bullish trend with support from buying volume and technical patterns.
After breaking out of the bullish pennant, SOL price has started to rise, aligning with ZAYK’s projection and indicating that SOL may continue to track the previous bullish trend.
After breaking out of the bullish pennant, SOL price showed a slight increase, aligning with ZAYK’s projection.
The analysis suggests that SOL could continue to track the previous bullish trend with support from buying volume and technical patterns.
After breaking out of the bullish pennant, SOL price has started to rise, aligning with ZAYK’s projection and indicating that SOL may continue to track the previous bullish trend.
After breaking out of the bullish pennant, SOL price showed a slight increase, aligning with ZAYK’s projection.
The analysis suggests that SOL could continue to track the previous bullish trend with support from buying volume and technical patterns.
After breaking out of the bullish pennant, SOL price has started to rise, aligning with ZAYK’s projection and indicating that SOL may continue to track the previous bullish trend.
After breaking out of the bullish pennant, SOL price showed a slight increase, aligning with ZAYK’s projection.
The analysis suggests that SOL could continue to track the previous bullish trend with support from buying volume and technical patterns.
After breaking out of the bullish pennant, SOL price has started to rise, aligning with ZAYK’s projection and indicating that SOL may continue to track the previous bullish trend.
After breaking out of the bullish pennant, SOL price showed a slight increase, aligning with ZAYK’s projection.
The analysis suggests that SOL could continue to track the previous bullish trend with support from buying volume and technical patterns.
After breaking out of the bullish pennant, SOL price has started to rise, aligning with ZAYK’s projection and indicating that SOL may continue to track the previous bullish trend.
After breaking out of the bullish pennant, SOL price showed a slight increase, aligning with ZAYK’s projection.
The analysis suggests that SOL could continue to track the previous bullish trend with support from buying volume and technical patterns.
After breaking out of the bullish pennant, SOL price has
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