#solana is showing signs of a possible breakout setup, but it’s also at a critical decision point. After multiple failed attempts to break above the $180–$183 resistance zone, price is now coiling in a tight range between $168–$175, suggesting a volatility squeeze. This typically precedes a larger move but direction remains unclear.
The bullish case? If $SOL can flip $183 into support with strong volume, we might see a sharp move toward $195–$200. RSI is still neutral, and higher lows on the 4H chart suggest buyer interest is building quietly.
Bearish case? A failure to reclaim $180 could open up downside to $164, or even $150, especially if $BTC shows weakness. The recent price structure has left a gap around $157–$160 that could easily get filled.
🧠 What to watch:
A daily close above $183 for confirmation of strength.
Loss of $168 with volume = bearish breakdown.
Open interest and funding rates too much leverage could spark a shakeout either way.
For now, it’s a game of patience. The tighter the range, the stronger the eventual breakout.
What are you all leaning towards breakout or bull trap?