$SOL – Compression Signals a Major Move Incoming
Solana is currently trading in a tight range between $152 and $160, showing signs of strength despite broader market uncertainty. After holding key support levels over multiple 4H candles, $SOL is building a bullish structure that often precedes a breakout.
What makes this setup interesting is the combination of rising volume on green candles and flat resistance around $160 — a clear sign of accumulation just below a key level. If $SOL breaks and holds above $160 with volume confirmation, the next upside targets lie at $172 and $180, both previous reaction zones from earlier trend swings.
However, traders should remain cautious. If Solana fails to break out, especially after multiple attempts, price could reverse sharply back to $145–$148 — the nearest demand zone and trendline intersection.
Solana remains one of the top Layer-1 networks with strong developer activity and growing ecosystem traction. But for now, price action is king. Patience and reaction over prediction.
Key Levels:
• Resistance: $160, $172, $180
• Support: $152, $145
• Watch for: Breakout volume and 4H close above $160