Technical analysis by NoLimit_777 about Symbol SOL: Buy recommendation (7/13/2024)

So far Solana has moved nearly identically as the previous cycle, which leads me to believe we'll have a breakout soon, likely following the launch of the ETH ETF's. There's also a massive cup & handle forming. According to the Fib extension, we could see a new ATH of $550, or even $840. In case of a downtrend continuation, the bottom will be at the long term support trendline, ez all in if it gets there.