Solana defends the $134–$140 demand zone as price holds firm above support, setting up for a potential breakout toward $160.
Bullish structure holds with higher lows forming since April, while $148 reclaims show Solana building momentum off demand.
With $562M in Q2 DApp volume, Solana shows strength beyond charts as bulls eye $180–$280 if the rally confirms.
Solana is now trading above a critical support range, showing firm bullish intent across multiple daily sessions. Technical indicators align with rising price action, pointing toward a potential rally if current levels continue to hold.
Solana Defends Support as Structure Compresses
Solana holds firm above the $134.84–$133.31 demand zone on the daily timeframe. This area matches the 0.618 and 0.786 Fibonacci levels from the recent rally. Solana has defended this structure multiple times, confirming its significance as a key reaction area.
As in the post above, bullish analyst CryptosBatman has presented a detailed analysis of the current Solana price behavior. Solana sits directly on top of its daily demand zone, holding strong despite recent pressure. According to CryptosBatman, price action suggests bulls are maintaining control near the $134 to $140 level.
Source: (X)
This range could act as a launchpad for Solana's next breakout toward the $160 mark. The analyst outlined that a brief sweep of the zone might occur to shake out weak hands. He believes that if this happens, Solana could rapidly reverse, catching short positions off guard before rallying.
Solana’s recent print at $148.22 confirms that the token is already rebounding from this high-conviction support region. The chart further reveals price coiling within a tighter structure, indicating a build-up before the next impulsive move. While buyers remain active, overall sentiment appears geared toward a breakout leg, likely targeting $160 and $180.
Higher Lows and Trendline Reinforce Bullish Strength
Solana continues to post higher lows above a rising diagonal trendline extending from April through July. This upward sloping base reflects steady demand and positions Solana for a potential lift-off toward higher resistance zones. The current structure mirrors past setups that preceded strong bullish runs.
https://twitter.com/CryptosBatman/status/1941897988927865117
CryptosBatman has provided another perspective on this ascending structure, confirming it supports a breakout narrative if momentum accelerates. He also pointed out that Solana’s DApps registered over $562 million in Q2 volume, outperforming Ethereum and Base combined. This reinforces the fundamental backdrop as buyers look beyond technicals.
Solana remains well above its $100–$130 support region, while a breakout toward $280 could follow a confirmed reversal. With price now reclaiming key zones and holding above trend, Solana’s technical chart sends a loud signal. The next move could shape the short-term direction for one of crypto’s most-watched altcoins.
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