Solana ($SOL ) approaching the $175 threshold: Ready for a historic breakout?

Solana (SOL) is accumulating around the $147–$153 range and preparing to challenge strong resistance at $175. If it surpasses this level with a surge in trading volume, the 'cup and handle' and 'inverse head and shoulders' patterns could simultaneously activate — opening up the opportunity to push the price up to $260, even $300.

Current technical signals indicate a return of buying pressure to the market. The $141–$148 range serves as an important short-term support. If sustained, SOL could maintain a bullish structure and strengthen its recovery momentum.

However, if it fails to break through $175 and drops below $148, selling pressure could pull the price back to lower levels such as $141 or $125.99.

📊 In summary: Solana is in a 'compression' technical phase – breakout or pullback will depend on price behavior around the $175 mark.

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