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Analysts foresee a Solana surge towards 300 USD due to a bullish pattern

Solana (SOL) has faced a 15.3% decline recently, paralleling Bitcoin and Ethereum. Nevertheless, analyst Jelle suggests the recent drop has formed a bullish flag pattern that could lead to a recovery towards 300 USD, boosted by confirmed support levels.

The Federal Reserve’s interest rate cuts may enhance market liquidity, positively impacting assets like SOL. With a history of 70% success for bullish patterns, there’s Optimism about Solana potentially reaching all-time highs by year’s end, aided by upcoming market developments.

This is community-generated content, not advice from ONUS.
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