Solana (SOL) Records Double Breakout: Signals Bullish Momentum in Market Recovery

Solana (SOL), after exceeding a 500-day resistance point, has experienced a double breakout on its two-week chart. This signal indicates sustained upward potential for the cryptocurrency and marks a significant milestone in its market recovery. The price surge is being driven by both price action and momentum indicators, with the Stochastic RSI forming a bullish cross and the 14-period RSI breaking through a multi-year downtrend line.