Solana Breaks Out Above Resistance, Targeting $1,315 with Fibonacci Targets

Solana has successfully broken through key resistance on its weekly chart, completing a cup and handle formation, signaling a bullish continuation path towards $1,315. This breakout is based on established Fibonacci targets and coincides with months of consolidation following the downward trend before a significant price surge. 11% growth this week further reinforces the bullish momentum. Intermediate resistance levels at $382, $627, and $872 should be considered as potential profit-taking points for traders.