Solana Breaks Out — Is $300 Now on the Table?
Solana (SOL) just did something exciting — it broke out of a bullish falling wedge on the daily chart. That’s a classic setup for an upside move, and it’s catching traders’ attention.
Right now, all eyes are on the $180 resistance level. It’s been a major decision point in the past, and we’re back at it again. If SOL breaks and closes above this zone with conviction, we could be looking at a serious rally — potentially aiming as high as $300.
Here’s the current setup:
Confirmed breakout: SOL broke above $175 with strong volume. That level is now acting as support.
Short-term targets: $200 and $222 are next in line.
Stretch targets: $300–$316 if momentum holds up. Some projections even stretch to $340+ based on previous highs and breakout measurements.
Key supports: $175 (new support), then $155 and $140 if the rally stalls.
Momentum check: RSI is high but not overcooked. MACD is flashing bullish. Some minor divergence — so short-term pullbacks are still possible.
The Bigger Picture:
Institutional attention is growing — from ETF chatter to big partnerships (think BlackRock, Robinhood). If those tailwinds materialize, $SOL could ride them higher into Q3 and beyond.
TL;DR:
Solana’s at a make-or-break moment. If it clears $180, the path to $200+ opens fast — and $300 isn't out of the question. Watch this zone closely. Momentum’s building, and bulls are hungry.
