V-Shaped Recovery Pattern Signals $295+ Target for $SOL
Solana’s price chart has been carving out a clear V-shaped recovery on the weekly timeframe since January, suggesting a strong reversal from the previous downtrend. This bullish formation reflects growing momentum, supported by rising network activity and capital inflows.
Currently, SOL is trading just below a critical supply zone between $180 and $200. A decisive breakout above this range could trigger a rally toward the pattern’s neckline around $252, a key level needed to confirm the completion of the V-formation.
Should SOL clear that resistance, the next major target lies at the previous all-time high above $295 — representing a potential 66% upside from current levels. With both technical and onchain factors aligning, the setup points to a possible continuation of Solana’s bullish trajectory.
