Solana prepares for a potential rally towards 320 USD after recent trends

SOL sees potential upside: Solana’s recent price action mimics a bullish flag seen in January 2024. If this pattern holds, immediate targets could reach approximately 320 USD, with possible long-term highs near 440 USD according to Fibonacci extensions.

Market context and strategies: Despite lagging behind Ethereum and Bitcoin in recent months, with gains of only 1.61%, analysts suggest a positive shift with crucial levels. A move above 235 USD would indicate a strong bullish trend change for SOL.

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