Solana's Cup and Handle Pattern Emerges, Eyeing a Target of $2,500-270+

Potential Breakout for Solana: Solana has formed a cup and handle pattern, indicating a possible breakout that could push its price to $2,500 if the trend continues.

Key Support Levels: The crucial demand zone for Solana is between $150 and $155, which must hold for the cryptocurrency to maintain upward momentum.

Current Market Sentiment: Solana's price is currently at $181.71 with a slight increase, and market sentiment shows rising long positions as funding rates fluctuate positively.

Future Price Targets: If the current structure holds, analysts predict mid-term targets of $225 and significant resistance around $270 for Solana.