$SOL Price Outlook: Bulls Eye Key Breakout
Solana (SOL) is showing resilience after facing resistance near $210. The pullback was quickly cushioned at the 20-day EMA ($198), suggesting that buyers are still active and not allowing deeper declines.
For the bulls, the real challenge lies at the $218 resistance. A decisive breakout above this level could confirm a bullish ascending triangle pattern, paving the way for a potential rally first toward $240 and then possibly $260.
On the flip side, if sellers succeed in dragging the price below the uptrend line, the bullish setup would weaken. In that case, SOL may retrace toward $175 and even $155, where buyers could step back in.
✨ In simpler terms: $SOL is in a make-or-break zone. Holding above $198 keeps the advantage with the bulls, but a clean push above $218 is needed to unlock the next big move higher.