Amid the recovery of the overall cryptocurrency market, Solana (SOL) is showing signs of a significant price rally. A bullish price action pattern has emerged on Solana's daily chart, suggesting the potential for a 15% upswing.
After a decline surpassing 15% recently, Solana has found support at its 200 Exponential Moving Average (EMA), an indicator of potential upward momentum.
This development is indicative of positive sentiment in the market for Solana, amid a broader market recovery.
