Solana: Bull Flag Sets $140 Target After Breakout
Solana forms bull flag targeting $140 after symmetrical triangle breakout while 4h chart shows SOL at $99.8 with bearish EMA50 at $102.23.
SourceAnalysis
Solana completes symmetrical triangle breakout and prints clean bull flag on daily chart with measured move to $140 according to @TATrader_Alan.
Price action at $99.8 sits below EMA50 resistance at $102.23 yet above EMA200 support at $93.59 while MACD death cross at -1.12 confirms bearish momentum and RSI at 38.15 leaves room before oversold territory. Bollinger bands place immediate resistance at $105.63 and support at $98.42 so any push higher risks quick rejection back toward the 50-EMA confluence before continuation.
Trader Tardigrade
@TATrader_AlanTechnical chartist and crypto content creator focused on Bitcoin and altcoin pattern analysis.