Solana (SOL) is currently retesting a strong ascending trendline that has held as support since mid-2024. The price recently bounced around the $175–$185 zone, which has acted as a major demand area multiple times in the past.
If the trendline holds, SOL could start a new upward move targeting:
- $210 – first resistance and short-term target
- $230 – medium-term resistance
- $250 – potential swing target
A daily close below the trendline or under $170 would invalidate the bullish scenario and open room for a deeper correction.
Overall, SOL remains in a long-term bullish structure as long as it stays above the trendline support.
If the trendline holds, SOL could start a new upward move targeting:
- $210 – first resistance and short-term target
- $230 – medium-term resistance
- $250 – potential swing target
A daily close below the trendline or under $170 would invalidate the bullish scenario and open room for a deeper correction.
Overall, SOL remains in a long-term bullish structure as long as it stays above the trendline support.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.