Solana Breaks Bullish Flag Pattern, Eyes $170 Target as Market Momentum Builds

TLDR:

  • Solana broke out of a bullish flag, signaling a continuation of its uptrend.
  • Key Fibonacci support at $130 held firm, confirming bullish structure.
  • Analysts target $170–$180 if the $145 zone holds through retest.
  • Volume and price action confirm growing trader interest in SOL’s rally.

Solana (SOL) appears to be entering a promising phase as fresh technical signals fuel optimism around its price trajectory. 

The crypto asset recently bounced off a key support level and broke through a continuation pattern, indicating potential for upward momentum. Analysts are closely watching the $145 to $150 zone, where a retest may set the foundation for the next surge. 

With market volume rising and a strong bullish structure forming, SOL is drawing attention across the crypto community. If current trends hold, Solana could be on track for a move toward the $170–$180 region.

Solana Bullish Flag Breakout Signals Momentum

According to a chart shared by crypto trader BATMAN, Solana recently completed a breakout from a bullish flag pattern. 

These patterns often follow an initial price run-up and signal that the uptrend may continue after a brief pause. The flag formed after SOL dropped toward a key Fibonacci level, establishing a clean support base around $130.

The breakout was followed by a strong green candle and growing volume, supporting the view that buying pressure is returning. BATMAN emphasized this as a sign of impulsive strength in the trend.

The chart also highlights a potential retest within the fair value gap (FVG) area, marked between $145 and $150. This zone is acting as both a support region and a decision point for short-term price action. 

A brief consolidation here is expected before another move higher.

The trendline from the flag pattern intersects with the FVG, which creates an area of confluence for technical traders. Holding this zone could serve as confirmation of the breakout and pave the way toward higher levels.

SOL Fibonacci Level Reinforces Structure

The 0.618 Fibonacci retracement level around $130.97 served as the base of the recent move. This golden ratio is widely used in technical analysis to measure corrections within ongoing trends. The sharp rebound from this level aligns with classic bullish continuation setups.

BATMAN noted that the strong bounce here marked the start of a new impulsive wave, aligning with standard market cycles in crypto.

Trader Alek also shared optimism, citing both technical strength and Solana’s growing utility. He pointed out that the coin recently broke its downtrend and could be aiming for much higher targets

According to him, every technical indicator is pointing toward a sustained move that could see SOL reach $280 to $300.

At press time, CoinGecko data shows Solana trading at $156.52 with a 24-hour volume exceeding $6.1 billion. It has gained 3.40% over the last day and 11.03% over the past week, confirming increased investor activity.

SOL price on CoinGecko

If the $145 support zone holds firm, Solana could be preparing for another rally, drawing increased attention from market watchers.

 

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