Solana Nears Key Resistance – Cup Formation Signals Potential Breakout

Solana is nearing resistance near $239 after experiencing a 15% surge in just four days. The recent rise follows a strong support zone forming at $225, and the chart shows a two-year cup formation, indicating extended preparation before a potential price breakout. Analysts are closely watching this development as Solana’s market performance has drawn attention with a significant 6.1% daily increase and a 4.9% gain against Bitcoin.