Momentum is building with this Falling Wedge. See the live chart action.
Reversal pattern. Price likely to break upwards.
Reversal pattern after a downtrend.
SOL is showing interesting structural developments at $80.2. Currently at $80.2, the asset is showing upward momentum (1.59%). The primary technical feature is a Double Bottom formation. Volume is average (0.77x avg) with moderate trend strength (34.6). A potential breakout level is identified at $97.42, targeting $118.02 with support near $87.12 (R:R 2.0).
What is your outlook on SOL?