Can SOL Push Toward $300 as Risk Appetite Returns?

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Solana is pushing out of a months-long consolidation pattern, bringing the $110-$113 area into focus as the next test for buyers. The broader outlook could improve substantially above that zone, although SOL must continue holding the $90.50-$100.48 support region before targets near $200 become more credible.

Three-Day SOL Chart Signals Breakout Toward $113

Solana’s three-day chart shows price breaking above a contracting structure that developed after the June low, giving buyers a stronger short-term technical position. SOL was trading near $104 when the chart was captured, with $113 marked as the next upside level.

Solana SOL Three-Day Breakout Toward $113. Source:  (@moonbag) on X

The breakout is important because SOL spent several months forming lower highs while support gradually moved higher. Price has now moved above the descending boundary of that smaller consolidation, shifting attention toward whether buyers can maintain the advance.

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The immediate objective shown on the chart is $113. A sustained move above that level would strengthen the breakout and establish a higher trading range, while a retreat back into the former consolidation would raise the risk of a false breakout.

The larger structure still presents a significant obstacle. A long-term descending resistance line extends from Solana’s 2025 highs and remains well above current price. SOL would need to overcome that barrier before a return toward its previous major highs becomes a stronger technical case.

Analyst ay said “$200 next” for SOL, while the chart also highlights $230 as a potential longer-term objective. Those levels remain conditional. Solana would need to clear $113, establish additional higher highs and eventually break the broader descending trendline before the $200-$230 region becomes a realistic continuation target.

Solana’s daily structure provides a more detailed view of the support levels that could determine whether the latest advance continues. The chart places SOL near $101.67 and identifies a cluster of Fibonacci levels immediately beneath the market.

Solana SOL Daily $90.50-$110 Support and Resistance. Source: More Crypto Online on X

More Crypto Online said holding the $90.50-$100.48 area keeps the possibility of another high intact, with $110 remaining the next key resistance.

The first support sits at $100.48, corresponding with the 23.6% Fibonacci retracement shown on the chart. Below that, $94.83 and $90.50 provide deeper support at the 38.2% and 50% retracement levels.

As long as SOL remains above that broader support band, the recent pause can still be treated as consolidation following the advance rather than confirmation of a bearish reversal.

The next bullish test comes around $110.15. A decisive move through that level would reinforce the breakout visible on the three-day chart and put the nearby $113 objective within reach.

Beyond $110-$113, the daily chart identifies $132.93 as the next major Fibonacci level. Higher resistance appears around $160.42 and $209.63, bringing the technical roadmap broadly in line with the separate $200 target highlighted by ay.

The downside structure is equally clear. Losing $100.48 would expose $94.83, while a sustained break below $90.50 would weaken the higher-high scenario and suggest that Solana needs a deeper reset before another major advance.

Taken together, the three-day and daily charts place SOL at an important technical transition. A break through $110-$113 would strengthen the recovery and shift attention toward $132.93 and $160.42, while holding above $90.50-$100.48 remains essential to keeping the longer-term $200 scenario alive.



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