Solana ($SOL ) Eyes Fresh Rally Toward $180 as Bulls Regain Momentum
Solana (SOL) has resumed its upward momentum, breaching key resistance levels and positioning itself for a potential breakout above $172. With growing investor confidence and support from broader crypto market sentiment, SOL is consolidating recent gains and may be on the verge of a fresh rally toward the $180-$192 range.
#Solana Surges Above $162, Builds Bullish Momentum
After finding strong support near the $155 level, Solana has started a new upward trajectory — mirroring the bullish patterns seen in Bitcoin and Ethereum. The #SOL /USD pair successfully climbed above the $160 and $162 resistance zones, transitioning into a short-term positive market structure.
At the time of writing, Solana is trading above the $162 mark and the 100-hourly Simple Moving Average (SMA), signaling ongoing strength in the asset. Notably, the price also cleared the 23.6% Fibonacci retracement level, measured from the $182 swing high to the $155 low, reinforcing bullish sentiment.
A key bullish trend line has formed with strong support near $165 on the hourly chart, suggesting that dips are being aggressively bought.
Crucial Resistance Levels to Watch: $172 and $180
On the upside, Solana faces immediate resistance near the $170 mark — a level aligned with the 50% #Fibonacci retracement from the $182 to $155 drop. The next major resistance is expected around $172.
If bulls manage to push SOL past the $172 resistance zone, the momentum could accelerate significantly. A confirmed breakout above $180 would likely mark a bullish reversal from recent losses and could trigger an extended rally toward the $192 level — an area last seen during previous local highs. 24crypto news