🔥 $SOL Breaks Out of 3-Week Triangle — Bulls Are Back With
AishCrypto-Bee
Updated at: a day ago
{"content":"🔥 $SOL Breaks Out of 3-Week Triangle — Bulls Are Back With Fire!
Solana ($SOL) just lit the fuse. After weeks of sideways movement and market hesitation, $SOL has broken out of a 3-week ascending triangle, signaling a potential rally toward $164 and beyond2. The breakout is backed by volume, momentum indicators, and renewed market optimism — and traders are watching closely.
📈 Key Technical Highlights
Triangle Breakout Confirmed: SOL reclaimed the $155 level, breaking out of a bullish triangle pattern2
Immediate Target: Analysts project a move toward $164, with potential upside to $180 if momentum holds2
Volume Surge: Trading volume spiked over $3.2B, confirming breakout strength
RSI Recovery: RSI climbed from 39 to 54.5 — not overheated, but trending bullish
🧠 Why This Breakout Matters
Market Sentiment Shift: SOL bounced from $140 after a brutal correction, showing resilience
Layer 1 Momentum: Solana is outperforming both $ETH and $BTC in short-term setups
DeFi & NFT Revival: Solana’s ecosystem is regaining traction, with new projects launching weekly
Analyst Targets: Some traders boldly predict $300 SOL in the coming months2
⚠️ Risks to Watch
Cloud Resistance: Ichimoku Cloud remains thick and red — SOL must break above $163.76 to confirm full reversal
Support Zones: Failure to hold above $150 could send price back to $142 or even $1352
Macro Volatility: External factors like political feuds and global tensions could disrupt momentum","images":[],"tags":[],"tradingPairs":["ETH/USDT"],"quotearticleid":0}