As SOL prepares for an upsurge, the price of Solana forms a triangle.

Despite the current dip, the price of Solana appears to be optimistic.
The choppy SOL session continues, with a triangular pattern intact.
Only by breaking over the $234 barrier can prices increase to $260.

On the 4-hour chart, Solana price has been consolidating in a confined range, exhibiting a bullish continuation pattern. Because SOL has already finished its adjustment, a surge in demand might send it higher.

The price of solana is making a strong comeback attempt.

In the long run, the price of Solana appears to be positive. Nonetheless, there has been a recent modest downward adjustment in its price. SOL’s short-term technical outlook is unchanged, as it trades in a turbulent range between $234 and $210.

On the 4-hour chart, the fifth-largest cryptocurrency by market size has created a symmetrical triangle. Although this sort of technical pattern can break out in either direction, other signs in Solana favor a bullish view.

The 50-day exponential moving average, for example, is performing as a reliable support level around $200, and closing candles above this EMA indicate an advance. The rising trendline that ran from Oct. 12 to Nov…