Renowned trader Peter Brandt has predicted a substantial upside for Solana's SOL token, provided it maintains support at $120. This prediction comes after a meticulous analysis of the token's price behavior.
Brandt's analysis reveals that SOL has been consolidating its price for the past six months, setting the stage for a possible breakout. This price behavior has attracted attention from traders and analysts alike, making the upcoming period crucial for SOL.
The forecast highlights the importance of the $120 support level as a critical benchmark for SOL's future movements. If the token successfully holds this level, it could pave the way for significant gains and investor interest.
Brandt's insights are influential in the trading community, and his positive outlook for SOL adds a notable perspective to the ongoing discussions about the token's potential.