Solana (SOL) is gaining attention once again as analysts predict a potential rally to $260, based on a price fractal resembling previous bullish cycles. However, this forecast hinges on one critical technical condition: Solana must break and hold above the $180 resistance zone.
Solana’s Bullish Fractal Pattern Explained
According to technical analysts, Solana is mirroring a historic fractal pattern last seen before its explosive rally in 2021. The structure suggests that if SOL closes above the $180 resistance, the path toward $225 and then $260 becomes significantly more likely.
“The current chart setup indicates a potential 32% upside from current levels if bullish momentum continues,” noted crypto analyst Ali Martinez on X (formerly Twitter).
The bull flag pattern, a continuation signal often found in strong uptrends, has been forming on the weekly timeframe, which supports this bullish thesis.
The Key Resistance Level: $180
Despite the optimistic outlook, analysts agree that $180 remains a make-or-break level. Solana has tested this price multiple times but has not yet achieved a confirmed breakout.
“Breaking $180 with strong volume is essential. Without that, we could see another pullback to the $160–$170 support range,” warned analysts from CryptoQuant.
A successful breakout would flip $180 into support, increasing buyer confidence and opening the door to $225, and ultimately, $260 — a level last seen during Solana’s previous all-time high run.
Market Sentiment and Volume Still Conservative
While technicals are aligning, spot buying volume on SOL remains relatively low, suggesting that broader market participants are still cautious.
This comes at a time when Bitcoin and Ethereum dominate headlines, and some capital rotation into altcoins like Solana could provide the fuel needed for a breakout.
“We need increased participation and bullish confirmation from volume to validate the breakout,” said a market analyst at Glassnode.
Current Price Snapshot
As of May 22, 2025:
- SOL is trading at $179.80
- 24-hour change: +3.2%
- Market Cap: Over $82 billion
- 24-hour Volume: Up 11%
Bullish Outlook Hinges on Key Breakout
While Solana’s technical chart paints a bullish picture, analysts stress that $180 must be broken and held for the rally to continue. If successful, the next targets are $225 and $260, levels that could be reached in the coming weeks if market momentum aligns.
Investors are advised to watch volume and resistance zones closely to determine the next big move in SOL’s price.