SOL/USDT Breakout the Bullish FLAG, Ready for continue Upward ??

💎 SOL's market activity has been particularly notable lately. The cryptocurrency has recently achieved a breakout from a Bullish Flag pattern, which typically signals a continuation of an upward trend. This breakout suggests that SOL may sustain its upward trajectory, potentially aiming for a significant resistance level in the market.

💎 However, there are risks to consider. If SOL's price were to close below the trendline, it might indicate a false breakout. Should this occur, SOL could reverse its gains and initiate a downward trend, potentially heading towards the demand area of around $90.40.

💎 In this demand zone, SOL must demonstrate a rebound to regain momentum. A successful bounce and reclaim above the resistance trendline could reinforce bullish sentiments.

💎 Conversely, a lack of strong response or mere consolidation within the demand zone could be a negative indicator. If SOL fails to maintain this crucial support level, it could lead to a further decline in its price, potentially reaching lower support levels.