Solana’s Price Action Hints at Potential Uptrend: Inverse Head & Shoulders Pattern Spotted

The cryptocurrency market is experiencing a resurgence, with Ethereum leading the charge. ETH has gained over 41% in the last month and is nearing its highest point in months – hovering near $2,100. This positive momentum is driving sentiment across the altcoin market, with Solana (SOL) being a notable beneficiary, showing an impressive 53% gain during this period. Today alone, SOL surged over 9%, and its price action on the daily chart hints at a bullish setup forming.