$SOL /USDT

Current Situation & Technical Context

Current price: around $175–$176, after an intraday drop of -4%, although it maintains a weekly gain of +4%. Solid daily volume of over $7 billion.

Institutional momentum: Inflow of $572 million into digital asset funds last week, where Solana was highlighted among preferred altcoins.

Structural technicals: SOL broke through a technical channel and is attempting to break the key resistance near $175–$180, supported by the improvement of the RSI (≈ 62) and a MACD crossing upward.

Technical Scenarios

Bullish Scenario

A breakout above $186–$190 with volume could pave the way towards $195–$205, and in extension, $219–$300 according to technical patterns and derivative flow.

In the long term, a cup-and-handle formation is indicated, pointing even towards levels as high as $1,315, supported by volume buying and institutional accumulation.

Consolidation or Correction Scenario

If it fails to hold the support level between $160–$170, it could pull back towards $167 or even $155–$160, a key technical base according to weekly projections.

Extended Projections and Targets

Horizon Projection Comment

Short term $182–$195 Immediate reaction if it surpasses $180 with momentum.

Medium term $219–$300 Based on cup-and-handle structures and technical breakouts.

Long term $1,315 Ultra-bullish scenario if the technical setup is confirmed with strong market backing.

Drop Scenario $155–$160 Critical support level — loss would invalidate bullish momentum.

Technical-Strategic Recommendation

Action Condition to do so Target Stop-loss

✅ Buy If it breaks and holds above $186–$190 with solid volume Short: $195–$205 → Medium: $219–$300 → Long: $1,315 $180–$182

🔁 Wait If it pulls back to $170–$175 and shows clear technical support Retry towards $186–$190 → subsequent rise $160–$165