The crypto assets market is steadily recovering from recent fluctuations. Ethereum (ETH) has rebounded to $3,860 after a brief fall, and this rebound has also led to a significant rise in other alternative tokens. Among this upward momentum, Solana (SOL) stands out, showing signs of potentially continuing its strong rise.



SOL has achieved a 19% rise this month, which is not just following the trend, but may be repeating the bullish pattern recently seen in SEI. By comparing the daily charts of SEI and SOL, we can find that both have striking similarities in their structure.

Earlier, SEI broke through a clear rising triangle - a typical bullish continuation pattern. After the breakout, SEI experienced a brief pullback, retesting the trendline support, and subsequently achieved a strong rise of 55%.

SOL seems to be following a similar path. After consolidating for several months within an ascending triangle, SOL broke through to $206. The subsequent healthy pullback brought its low to $170, retesting the previous resistance level as support. Currently, SOL is trading around $180, and its stable pattern is similar to the behavior of SEI before the breakout continuation.

If this pattern fully unfolds, SOL may welcome another strong rise. A breakout above the recent high of $206 will confirm this trend and may open up higher targets—$244 and $271 become the next major resistance zones, indicating a potential rise of up to 48% relative to current levels.

However, investors should be cautious, as the confirmation of the pattern is crucial. If SOL fails to hold the breakout area or falls below $170, this structure will fail, potentially leading to further declines.

Currently, the technical structure of SOL remains intact, and bullish investors are closely watching its trends. However, it is worth noting that the inherent fluctuation of the crypto assets market means that investors should conduct thorough research and risk assessment before making any decisions.
ETH2.62%
SOL2.05%
SEI4.21%
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RektButSmilingvip
· 08-01 20:28
Cut Loss enter a position just rise~
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not_your_keysvip
· 07-31 22:37
Just playing people for suckers in various ways.
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ProbablyNothingvip
· 07-31 09:02
SOL is going crazy and has slipped away.
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NFTFreezervip
· 07-31 08:52
Such a pump market dares to trade.
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FloorSweepervip
· 07-31 08:51
SOL To da moon enter a position's winning like crazy
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AllTalkLongTradervip
· 07-31 08:43
SOL To da moon, suckers们跟不跟?
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SerLiquidatedvip
· 07-31 08:41
all in sol!!!
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CryptoMomvip
· 07-31 08:41
Oh my, SOL is going up again! I regret selling it too early at the beginning of the year.
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