Technical analysis by Shotokhan about Symbol SOL on 10/23/2024

Currently SOL is trying to break out from a big asymetrical triangle that could also be some sort of handle of a giant cup. The weekly close is still far from closing so we have to wait to be sure but in a red market this is a good sign.Weekly chart: If the break out happens the final target for this leg should be 300 USDT with resistances at 205 and 260.99. When this happens the entire Solana ecosystem should follow.Good luck