#solanabullrun
solanabullrun
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$3.3B market value hinged on a single price move: Solana price is on the cusp of a historic rebound, with a 36% correction from its May peak already reversing 10% and setting its sights on reclaiming the January high.
The giant falling wedge now unfolding on the Solanacharts has traders revisiting a familiar theme - can this be the breakout that puts Solana back on the map? With a market capitalization of over $16B, smart money is quietly buying the dip, positioning for a potential 30%+ move as the wedge continues to form (#SolanaBullRun).
As the June low of $22.51 has already been decisively broken, eyes are now on the January high of $65.93, a 192% gain from current levels. A decisive close above this level would confirm the bullish breakout and send Solana surging higher.
Will the Solana bulls succeed in reclaiming the January high, or will the giant falling wedge turn out to be a false indicator?
The giant falling wedge now unfolding on the Solanacharts has traders revisiting a familiar theme - can this be the breakout that puts Solana back on the map? With a market capitalization of over $16B, smart money is quietly buying the dip, positioning for a potential 30%+ move as the wedge continues to form (#SolanaBullRun).
As the June low of $22.51 has already been decisively broken, eyes are now on the January high of $65.93, a 192% gain from current levels. A decisive close above this level would confirm the bullish breakout and send Solana surging higher.
Will the Solana bulls succeed in reclaiming the January high, or will the giant falling wedge turn out to be a false indicator?
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