【Is SOL Ready to Take Off? Key Resistance at $180 is on the Brink】
In 2025, Solana is expected to challenge $500+, and this round may just be the beginning.
Recently, SOL strongly rebounded from around $170 support, approaching the key resistance level of $185. The technical pattern is quietly forming a 'breakout triangle' before the breakout.
Meanwhile, although Bitcoin briefly retraced below $107,000, the inertia from previously breaking the historical high of $111,800 is still radiating across the entire market.
Ethereum has firmly stabilized at $2,700, and Cardano briefly broke through $0.82—risk appetite in the entire mainstream sector has clearly rebounded.
Technical Structure Insights:
SOL is still operating within a long-term ascending wedge;
The daily StochRSI has touched the bottom, brewing a bullish reversal;
MACD remains above the zero line, indicating reduced selling pressure and capital inflow.
Currently, although SOL has encountered a pullback of over 6% at the $180-$190 range, this adjustment has not damaged the trend line structure, but rather reveals strong buying replenishment signs.
Market Expectations Update:
If the upper triangle boundary is effectively broken before the end of the month, $190 is very likely to stabilize;
If capital continues to flow back, the $200 level may face its first substantial challenge;
From a medium- to long-term perspective, we maintain a strong bullish price expectation for SOL in 2025, targeting $500+.
Summary:
SOL is not a slow bull; it is a rocket waiting to explode. Breaking through $180 is just the prologue; the real climax—perhaps closer and more intense than you think!