Will Solana price bounce below $180? Double bottom hints at 40% rally | Crypto Craft

  • Will Solana price bounce below $180? Double bottom hints at 40% rally

    From cointelegraph.com

    Solana price formed a potential double-bottom pattern below $180 on the daily chart, a setup that could help SOL price recover toward $250 in the weeks ahead. Veteran chartist John Bollinger says it may be “time to pay attention,” spotting potential W-bottom reversals on Ether and Solana using his Bollinger Bands framework. The call follows SOL price double-dipping near the $175 area before stabilizing, implying a bigger move may be in the cards. This is an encouraging sign from Solana, according to Bollinger. The Bollinger Bands (BB) indicator uses standard deviation around a simple moving average to determine ... (full story)

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