• Solana has failed five times at the $170 zone which is now acting as a key breakout level again.

  • If the price closes strong above $170 then it could push toward $200 without facing heavy resistance.

  • This zone has shaped SOL price action for over a year and another rejection could bring $150 into view.

Solana (SOL) is now trading around $167.93 while approaching the $162 to $170 resistance zone, a key historical reversal level. According to recent chart analysis, this level has served as both strong resistance and support multiple times since mid-2023. A clean breakout above this zone could trigger the next major bullish rally.

Source: X

The chart, shared by Ali on May 18, 2025, highlights this zone as a technical pivot where price reactions have repeatedly occurred. Black arrows mark multiple failed breakout attempts and strong bounces at this band. With price testing it once more, traders are watching closely to confirm if SOL can finally push through.

Historical Resistance Sets the Stage

The $162 to $170 range has played a pivotal role in Solana’s price action over the past year. This zone has rejected bullish advances at least five times while also acting as strong support in multiple previous downtrends. Such repeated interactions make this area one of the most watched resistance levels for SOL.

A breakout above this zone may suggest a shift in long-term momentum, especially if backed by strong volume. Chart history indicates that successful breaks above this resistance often lead to extended upward trends. In previous cases, moves beyond this level have fueled price surges toward $200 and beyond.

The current attempt marks the sixth time SOL has tested this key band. Each prior instance either resulted in a swift reversal or short-term consolidation. Market participants are now observing whether this retest results in the confirmation of a new bullish trend or another rejection.

Price Action Builds Toward Resolution

SOL's most recent rally pushed it from a May low below $130 up toward this crucial resistance. The recovery shows signs of strength with a consistent series of higher lows leading into the resistance zone. This kind of setup often reflects growing demand and momentum buildup.

If Solana breaks above $170 with strong conviction, analysts see a high likelihood of it reaching $200 or more. However, the confirmation will likely require a full daily close above $170 with increased trading activity. Until that happens, the zone remains a barrier that traders treat cautiously.

Volume indicators also suggest growing interest as price approaches this zone. These signs point to increased participation from both buyers and sellers as the market awaits a decision. A breakout would likely trigger trend-following systems and invite new capital flows into SOL.

Can Solana Break Free and Unlock $200?

Solana is once again facing a critical resistance that has shaped its price for over 12 months. The significance of this zone lies not only in its price level but also in its psychological role. Traders consider this range as a checkpoint for larger structural trends.

Failure to break above $170 could lead to another pullback toward $150 or lower. But a successful push may accelerate bullish interest and spark new highs above $200. Will Solana break the cycle and unlock a fresh rally beyond this defining resistance zone?