- Solana has now moved above the $180-$185 resistance level which confirmed an ascending triangle breakout as volume and momentum on the coin has continued up.
- Ichimoku Cloud turned green and it is acting as support below price and in confirmation for the strong uptrend.
- SOL is retesting the breakout zone; a bounce here could trigger a price surge toward the $300 target level.
Solana (SOL) breached its ascending triangle resistance, re-tested the breakout and the bullish momentum is fully in play with no sign of giving up.
Breakout Above Key Resistance Zone
Solana’s price action has confirmed a breakout from a textbook ascending triangle pattern, a bullish continuation structure formed since AprilIt broke out of the range of the $180-$185 and this is an important range of horizontal resistance. This breakout has been backed with a healthy momentum implying optimism among the buyers despite a minor -3.48% loss over the past 24 hours.
According to a tweet from The Crypto Express, the $SOL/USDT chart reveals a textbook bullish breakout, with the price currently retesting the upper triangle boundary. This zone, around $180–$185, previously acted as resistance and now aligns as a support level.
The ascending triangle’s height offers a bullish price projection near $300, aligning with recent upward market structure. As the asset retests this critical zone, traders are watching closely for bullish defense to validate the breakout.
Ichimoku Cloud Signals Continued Uptrend
Technical confirmation is further bolstered by the Ichimoku Cloud indicator. The cloud has flipped green, suggesting sustained bullish strength and acting as dynamic support beneath the current price. The flat span of the Kumo also coincides with the former resistance zone, reinforcing the validity of the breakout level as new support.
Price remains well above the cloud, which often signals that the asset is trading in a strong uptrend. If Solana’s price maintains this level, it would reflect broader bullish alignment across key technical tools.
The current price of Solana stands at $184.62, reflecting a 5.84% increase over the past 7 days. This comes amid rising 24-hour trading volume, totaling over $21 billion.
Retest Level Could Trigger Next Move Toward $300
The red retest zone remains the primary focus, as bulls look to defend the $180–$185 level. A bounce from this area would confirm the breakout and potentially pave the way for the next upward leg toward the $300 target zone.
Its arrangement is known to provide a specific risk under the rising trendline and support area, positively impactingthe risk-reward scenario of the market that waits to be confirmed.
One piece of advice that can be given to investors is to pay close attention to this area because it is considered the most critical area between a confirmed continuation and a failed breakout.
