Solana eyes a breakout as bulls defend $145.00 and test $180.00, a zone that could trigger a sharp rally toward $211.61.
A cup-and-handle pattern under $180.00 signals bullish intent, with traders closely watching volume and structure confirmation.
Rising volatility on hourly charts shows SOL retesting $173.75, with a break above $178.30 likely to revive bullish momentum.
Solana (SOL) is trading near a critical resistance level after climbing steadily from its $123.89 support. Market structure points to a potential breakout if bulls reclaim the $180.00 zone with conviction.
SOL Holds Bullish Pattern While Testing a Reversal Zone
The chart reflects a cup-and-handle pattern forming beneath horizontal resistance. With SOL hovering near $175, the asset remains pinned beneath the $180.00 level. Market participants are watching for confirmation as the structure approaches a decision point.
Kicking off from the structural reclaim at $145.00, the analyst Ucan highlighted a firm trend shift as prior lower highs were invalidated. The bounce from $123.89 marked a major turning point, establishing that zone as a historically reactive support base. The analyst emphasized that price consistently respected that region, never closing beneath it during past corrective phases.
Source: Post on X
As resistance comes into focus, daily volume hovers at 1.73 million, signaling stable participation. The analyst identifies a developing cup-like pattern just under $180.00—an area that now carries dual technical weight as resistance and breakout trigger. Should bulls turn this level into support, a sharp continuation to $211.61 appears likely, based on past rejection activity there.
Adding historical depth, $211.61 continues to reflect reversal pressure, having acted as a local top in January. Failing to push above $180.00 might open the door for a pullback into the $150–$160 band. That said, bullish momentum still dominates as higher lows define the daily structure and price defends $145.00 aggressively.
Volatility Rises on Lower Timeframes as Bulls Retest $173.75
The 1-hour chart shows rising volatility near support after a failed breakout above $178.30. Price fell through a steep ascending trendline and now attempts to reclaim the $171.75–$173.75 range. This retest will likely dictate the next move.
Source: Post on X
Entering this new phase of price compression, analyst Jeremy observed multiple rejection wicks forming a wedge beneath descending resistance. With RSI holding at 50.01, momentum stands neutral, waiting on direction. The analyst underscores this tight grey range as a control zone that could either affirm support or signal fresh downside risk toward $164.99 and $158.01.
Shifting the focus lower, other analysts highlight a past accumulation base at $143.60 as a structural lifeline if the breakdown continues. That base powered the last rally and still holds technical weight. A clean break above $178.30 would reestablish buyer strength, opening paths to $183.09 and $191.22.
Major Support Zones Remain Active Below $171
Looking beneath current price action, support clusters around $145.00 and $123.89 continue to uphold the bullish thesis. Analysts stress that unless $123.00 fails to hold, trend conditions favor further upside. These zones remain crucial checkpoints in Solana’s evolving setup.
The post Solana Tests Key $180.00 Zone as Bulls Defend $145.00 and Target $211.61 Breakout appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
