Key Takeaways:
Solana is forming a bull flag with a $260 breakout target.
$180 resistance is the critical level to watch — without volume, the move may fail.
Fractals and hidden divergences point to even higher targets ($260–$450).
Failure to flip $180 may push SOL back to $140–$150 support.
Solana Price Eyes Breakout as Bull Flag Fractal Predicts $260 Surge
Solana (SOL) is flashing bullish signals on the daily chart, but analysts agree that one key level — $180 — must flip to support before a breakout to $260 becomes viable.
Currently trading around $182.93, SOL is testing overhead resistance for the second consecutive week. As Bitcoin (BTC) trades near its all-time high of $110,857, traders are betting on a potential capital rotation into altcoins, with Solana as a top candidate.
Technical Setup: Bull Flag in Focus
Solana’s price structure is forming a classic bull flag pattern, often seen as a continuation signal in strong uptrends. Here’s how the current chart breaks down:
Current Price: $182.93
Immediate Resistance: $180 (needs a daily close above)
Short-Term Targets: $200 and $220
Bull Flag Target: $260
RSI: 64.3 — bullish, but not overbought
However, analysts are urging caution: trading volume has decreased during this consolidation phase, which may stall a breakout without renewed buying pressure.
What Analysts Say: Fractals, Divergences, and Key Zones
Price Fractal Points to $260
Crypto trader Robert Mercer compared Solana’s current setup to the October 2024 breakout, when SOL surged past $180 and rallied to $260. He sees a similar fractal forming now, suggesting a breakout could repeat the pattern.
Hidden Bullish Divergence Could Target $450
Technical analyst Javon Marks highlighted a hidden bullish divergence on the 3-day chart — the same setup that triggered a 1,332% rally in 2024. If confirmed again, Marks sees a potential upside to $450 in 2025.
Trader Sentiment: Wait for Confirmation
Popular trader XO is watching the $180 level closely. He advises waiting until SOL flips $180 into confirmed support before opening a long position.
What Could Invalidate the Bullish Scenario?
If Solana fails to decisively break above $180, analysts warn of a potential pullback to the $140–$150 range — a daily order block expected to offer higher-timeframe support. A breakdown here would invalidate the bull flag structure and delay the bullish continuation.
