【Solana Strong Rebound, Next Stop Aiming for $300?】
In the turbulent crypto market, $SOL is making a triumphant return to the stage! After hitting a low of $124, it has steadily attacked the $135-138 range, just a step away from the key resistance at $142!
1️⃣ A pullback is not the end, but a buildup!
The sharp drop to $124 last week was not a defeat, but a typical liquidity washout. After a large amount of short-term chips were cleared out, SOL quickly reclaimed the key level of $135, forming a textbook V-shaped reversal, releasing a strong buying signal.
2️⃣ Cup and handle pattern has formed, aiming directly for $250+!
The current structure shows: SOL is nearing the neck line of the cup and handle pattern, and if it can break through $142, it will trigger the next round of a major uptrend.
Target 1: $155 resistance zone
Target 2: $220 mid-term high
Breakout point: Once it breaks out with volume, it will surge towards $300 or even higher!
3️⃣ The bearish channel has broken and rebounded, bullish structure is being built!
SOL has strongly rebounded from the bottom of the downward channel, RSI divergence supports bullish judgment, and the concentration of chips has clearly increased, indicating that institutions and major players are quietly accumulating positions, with ETFs, on-chain ecosystems, and institutional adoption becoming potential catalysts!
4️⃣ Risk warnings should not be ignored
If it fails to effectively break through the $142 neck line, the cup and handle pattern will be extended, or there will be a brief consolidation. But for now, market sentiment, capital flow, and chart structure are accelerating positively, and the probability of a shift from bearish to bullish is continuously increasing!
Brothers, take note:
This is a precise retest of “building momentum,” as well as a “strategic low absorption” window. Solana is expected to become the leading figure in the next explosive sector, and the $300 target is by no means out of reach!
