$SOL /USDT

Current Situation & Technical Context

Solana is trading near $171–$173, after a 10% rebound from recent lows. The Balance of Power indicator and the RSI show strengthening buying pressure.

The price is just below the 50-day EMA ($162.46), key to confirming technical support.

A key support level is located between $155–$160: if it loses this, it could fall towards $150.

Technical Scenarios

Immediate Bullish Scenario

If it breaks and holds above $176.33–$180, it opens the door to new targets like $195–$200, even up to $220–$250, if the momentum continues.

Extreme Rally Scenario

The formation of a cup-and-handle since 2021 indicates that a clean breakout above $170–$185 could catapult the price to $260, with extreme scenarios projecting up to $1,315 in a long-lasting rally.

Extended Targets and Fundamentals

The market aims for $225 as a realistic ceiling for 2025, although it mentions that the path to $500 would be more gradual.

In an optimistic scenario, supported by advancements like the Firedancer upgrade, some analysts (including ChatGPT) project that Solana could reach between $500–$700, and even close to $1,000 if it receives massive institutional momentum.

A more aggressive projection based on a technical pattern points towards $6,000, although this would imply an extremely unlikely rally in the short term.

Current Recommendation

Action Condition to do it Target Stop-loss

✅ Buy If it breaks and holds above $176.5–$180 with good volume Short: $185–$195 → Medium: $220–$250 → Extended: $260–$315 $170

🔁 Wait If it falls towards $165–$168 and shows clear technical support Retry towards $180 → subsequent rises $155

Short term: consolidation above $180, aiming for $195–$200.

Medium term: rally towards $220–$250 if it holds.

Extended scenario: potential rise towards $260, with bullish variants suggesting possibilities up to $315–$700.

Fundamental technical support: $155–$160 zone, whose breakdown would invalidate the positive trend.