$SOL /USDT — Bulls Targeting $260
Entry Zone: $236 – $242
Stop Loss: $228
Target 1: $248 – $250 (immediate resistance)
Target 2: $260 (primary breakout target)
Target 3: $270 – $285 (extension if momentum accelerates)
Details:
Solana is consolidating just below the $245–$250 resistance band after rebounding strongly from the $231 support. The trend remains firmly bullish, with SOL trading above all key moving averages and showing strong momentum.
The $231–$233 zone has acted as a reliable demand base, while $245–$250 is the key breakout level to watch. Liquidity remains robust with over $2.8B in 24h turnover, reflecting strong institutional and retail participation. RSI is near 69 — bullish but not yet extreme — suggesting room for continuation.
A decisive breakout above $250 with volume would likely accelerate the move toward $260, with extended upside potential toward $270–$285 if momentum persists. As long as SOL holds above $218 support, the broader outlook remains strongly bullish.