Cryptocurrency analyst Ranjanajay Singh has identified a pattern that suggests Solana (SOL) could be on the verge of a potential breakout. The chart indicates that if SOL closes above $270, it could see a 25% price increase to $330. The Relative Strength Index (RSI) currently stands at 54, indicating a neutral momentum and potential for further growth. Breaking above the critical resistance level of $270 could validate a bullish scenario for SOL. Traders are closely monitoring the situation, and with support from the 200 EMA and a neutral RSI, Solana offers an interesting opportunity for investors.



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