@Solana Official SOL has delivered a strong bullish move after breaking out of its descending channel and reclaiming the key $64 resistance zone 📈. The breakout confirms a shift in market structure, with buyers stepping in aggressively following the double-bottom reversal.
Price is now holding above the former resistance, which could act as new support. As long as SOL maintains this level, the probability of continuation toward higher resistance zones remains favorable.
📊 Key Observations:
✅ Descending channel breakout confirmed
🚀 $64 resistance successfully broken
📈 Double-bottom reversal played out as expected
🟢 Holding above $64 strengthens the bullish case
🎯 Next focus is the upper supply/resistance zone
💡 Conclusion: SOL is showing increasing bullish momentum after reclaiming a major resistance level. A successful retest of the breakout zone could provide the foundation for another leg higher, while losing $64 may trigger a short-term pullback.
⚠️ Not financial advice. Always do your own research before trading. 📊
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