$SOL

Solana’s chart reveals a recurring bullish pattern that has played out multiple times over the past year. In each instance, SOL formed a rising base or ascending triangle followed by a strong breakout and a new high. These breakouts typically occurred after:

A series of higher lows forming an ascending structure

Compression beneath horizontal resistance

A clean breakout followed by a rapid price expansion

The current price action appears to be forming the same structure once again:

A clear ascending support trendline is intact

Price is approaching the horizontal resistance zone near $180

The 50 EMA is turning upward and price is pressing above the 200 EMA

If SOL breaks above the $180 level with volume, it could mirror previous rallies and target the long-term diagonal resistance trendline, currently pointing toward the $300–$340 range. Until then, a pullback to retest support near $140–$150 would remain within the bullish structure.

Key Technical Features:

Consistent ascending accumulation patterns

Breakout levels followed by new highs

Current setup showing a third rising base near major resistance

Clear long-term diagonal trendline acting as a historical ceiling

This is a textbook example of price memory and structural repetition. Traders should monitor for a confirmed breakout above horizontal resistance with strong volume before positioning for continuation.