SOLUSDT - Cup and Handle Formation Targeting $295

A classic Cup and Handle pattern is forming on the daily chart of SOLUSDT. The breakout above the $195 neckline signals potential continuation toward the $295 target, based on the depth of the cup.

🔹 Key levels:

Entry: $196

Stop Loss: $177

TP1: $219 (Fib 0.382)

TP2: $248 (Fib 0.236)

TP3: $274 - $295 (full target zone)

📊 The Fibonacci retracement levels align well with potential resistance zones. A clean breakout and daily close above $200 could further validate this setup.

Not financial advice. DYOR.