SOL price eyes 75% rally as Solana paints a bullish reversal pattern

Cointelegraph

Published Jun 28, 2022 08:06AM ET

Updated Jun 28, 2022 09:40AM ET

Solana (SOL) continued its recovery trend on June 28 while inching closer to triggering a classic bullish reversal setup.

SOL's price gained 2.42%, reaching an intraday high of $39.40/ The SOL/USD pair is now up 50% as a part of a broader retracement move that began on June 14 after falling to lows of $26.

SOL/USD daily price chart. Source: TradingView
SOL/USD daily price chart featuring IH&S pattern. Source: TradingView
h3 Interim resistance levels/h3
SOL/USD daily price chart featuring 'bear flag' pattern. Source: TradingView

Continue Reading on Coin Telegraph