Solana holds above the midline at $172 with strong volume, confirming bullish momentum within a well-defined ascending channel.
Price action shows consistent higher highs and lows, with $186 acting as key resistance before potential move toward $210.
Pullbacks into the $165–$168 zone may offer fresh entries if the ascending structure remains intact and upward momentum continues.
Solana (SOL) is showing strong price action, with bullish momentum pushing it toward a key technical level around $210. The digital asset is trading within a clearly defined ascending channel that continues to show higher highs and higher lows.
Midline Reclaim Signals Strength
Crypto analyst Ali_charts noted that Solana has recently bounced from the lower boundary near $160 and reclaimed the midline at $172. This midline has historically acted as a pivotal zone, alternating between support and resistance during previous price movements.
https://twitter.com/ali_charts/status/1925476224903586021
Currently, Solana is holding above this midline at $179.09, backed by increasing trading volume. The tightening price action in this area has previously preceded upward moves. Sustained closes above $174 are being monitored closely by market participants as a signal for further upward continuation.
The structure of this pattern, as observed in the chart shared by Ali, indicates a stable bullish trend. Traders are eyeing the upper boundary of the channel, where resistance around $186 is expected before any move toward $210.
Resistance Levels in Focus
Solana is approaching the next resistance near $186, which aligns with the channel’s upper trendline. This level will be crucial in determining whether the upward trend will continue.
If this resistance is breached, analysts suggest that the pathway toward the $200–$210 zone becomes increasingly likely. The channel formation provides a clear map for traders, with the consistent structure offering potential entry and exit points.
The recent 6.52% gain in the last 24 hours and a 5.34% increase over the past week support the argument for a bullish continuation. Buyers may consider pullbacks into the $165–$168 range as potential re-entry zones, as long as the ascending structure remains intact.
Technical Formation Supports Bullish Outlook
The ascending channel on Solana’s chart illustrates steady momentum. With price action holding above key support levels and gradually rising volume, the broader trend remains positive.
Ali’s analysis emphasizes that as long as the structure holds, the upper boundary near $210 is a logical next target. The technical behavior observed reflects a healthy market condition, where higher lows and consistent breakouts confirm ongoing strength in SOL’s price movement.
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