Solana Price Forms a Bull Flag: Why $110 Is the Real Test

6 hours ago 2

Rommie Analytics

SOL Has Formed a Flag, Not Confirmed One

SOL climbed from the mid-$70s to an August high near $110, a move of roughly 45%. It has since held above the former breakout area while making lower highs beneath a descending trendline. That is the structure traders describe as a bull flag: a sharp advance followed by a contained pullback.

TradingView daily price chart for Solana (SOL/USD) displaying a consolidating symmetrical triangle pattern and technical moving averages. Read Entire Article