Solana (SOL) Hits 9-Month Peak Near $120 as Analysts Eye $500
- —SOL trades near $120 after a 16% weekly gain
- —The token reclaimed its weekly MA200 and formed a weekly golden cross
- —Veteran trader Peter Brandt flagged a textbook cup-and-handle pattern
- —Analysts set targets at $130, $450 and $500
Why it matters: Reclaiming the weekly MA200 and the golden cross may signal a trend reversal, though the rally's durability depends on ETF inflows and broader market conditions.
Source: CryptoPotato