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Solana is showing two bullish chart structures at the same time, with one focused on a near term breakout and the other pointing to a much larger long term setup. Still, both patterns need confirmation before they can support a stronger reversal case. A daily Solana chart shared by analyst Satoshi Flipper shows $SOL still trading inside a descending channel that has shaped price action for roughly seven months. The chart marks the $100 area as the key breakout threshold, with the analyst arguing that Solana would need to reclaim that level and push above the channel resistance to shift the structure more clearly bullish.

Until then, the broader pattern remains one of lower highs and contained recovery attempts. The image shows $SOL consolidating near the lower end of the channel after a steep decline from the upper boundary. A chart shared by analyst CryptoCurb highlights a large cup and handle pattern forming on the Solana chart. The structure shows a long rounded bottom followed by a smaller downward consolidation that forms the handle.

According to the analysis, this pattern often appears before major breakouts when price eventually clears the upper resistance level of the formation. The chart outlines how Solana previously formed the rounded “cup” structure after a long decline and recovery period. Once that rounded base completed, price moved sideways and slightly downward inside the handle section. This phase typically represents consolidation where the market absorbs selling pressure before attempting a breakout above the resistance line that forms the top of the cup.

The analyst suggests that a confirmed breakout above the pattern could trigger a strong upward move, with the chart projecting a long term target near the $1,000 level. However, the pattern remains incomplete until price breaks above the upper boundary and holds the move with sustained momentum. Solana is forming two bullish chart setups at once: a near-term breakout within a descending channel and a longer-term cup-and-handle pattern. A breakout above the top of the cup could trigger a strong move, with projections trending toward a long-term target near $1,000, though momentum must sustain beyond the breakout for validation.