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Solana Rallies Into Pivotal Zone โ€“ $180 Level Could Define Next Move :


Solana is gaining momentum once again, with price action pushing above the $175 level for the first time in weeks. The move comes as crypto markets roar back to life, fueled by Bitcoinโ€™s push above $100K and Ethereumโ€™s explosive rally past $2,500. Solana has surged more than 20% in the past week alone, signaling strong demand and a renewed bullish outlook from traders and investors alike.
Top analyst Big Cheds shared a technical analysis revealing that Solana is now making a strong advance into a key spotโ€”the underside of the daily 200 moving average (DMA). The asset is also approaching a lower high around the $180 mark, which previously acted as resistance during the last failed breakout attempt. Cheds notes that reclaiming this zone would be a significant win for bulls, potentially triggering a sharp continuation toward new highs.
Market sentiment is turning optimistic across the board, and Solanaโ€™s technical setup reflects that shift. As price approaches the 200DMA, all eyes are on whether SOL can hold this momentum and break through key levels to join the broader market rally. The coming days will be crucial for confirming a full trend reversal.
Solana Approaches Pivotal Level As Bulls Eye Breakout
Solana is showing renewed strength after a clean breakout above the $160 resistance zone, a level that had capped price action for several weeks. The surge has brought SOL into a critical region that could act as a pivot pointโ€”either igniting a fresh bullish rally or marking a temporary top before a retrace.
As global tensions between the US and China and broader macroeconomic uncertainties linger, the crypto market remains exposed to sudden sentiment shifts. However, recent price action in Solana, along with Bitcoin and Ethereum, suggests that investors are increasingly optimistic about a continued market recovery.
Solanaโ€™s current structure reflects that optimism. The asset is now testing the underside of its daily 200 moving average, a level often viewed by traders as a trend-defining indicator. A successful push above this moving average would add further confidence to the bullish thesis. At the same time, Solana is approaching a lower high near the $180 zone, where the price was previously rejected in March. Cheds points to this convergence as a crucial area: a breakout here could mark the beginning of a larger reversal pattern.
Still, risks remain. A rejection at the $180 level could reinforce resistance and trigger a pullback toward the $160 support, especially if macro conditions worsen or profit-taking sets in. For now, however, bulls appear to be in control, and the technical landscape supports a potential continuationโ€”if momentum holds.
Technical Levels: Price Action Shows Strength
Solana (SOL) is exhibiting strong momentum as it trades at $176.41, advancing toward a crucial resistance area around the $180 level. The daily chart shows that SOL has surged rapidly from April lows, breaking above both the 200-day EMA ($161.67) and approaching the 200-day SMA ($181.10), a key area that could determine the next major trend.
This zone acted as support and resistance multiple times in the past, particularly during Q4 2024 and early 2025. Now, as price returns to this range, it becomes a potential pivot point. If bulls can sustain pressure and close above $181.10 with volume confirmation, it may trigger a continuation toward $200 and possibly retest February highs above $260. However, failure to break above this range could prompt a rejection and consolidation below the 200 SMA.
Volume has picked up significantly over the last few days, indicating rising interest and participation from traders. This is a constructive sign as Solana attempts to reclaim higher ground. For now, the trend remains bullish, but eyes are on the $180โ€“$185 resistance zone to confirm whether SOL has the strength to continue its breakout or faces a short-term pullback.
#SOL#
The content is for reference only, not a solicitation or offer. No investment, tax, or legal advice provided. See Disclaimer for more risks disclosure.
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Chichipipivip
ยท 05-12 06:43
The market is bullish at its peak ๐Ÿ‚ The market is bullish at its peak ๐Ÿ‚
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BodiaCryptovip
ยท 05-12 05:39
for me, it is very interesting
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SSAM2000vip
ยท 05-12 05:37
The bullish market is at its peak ๐Ÿ‚
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Beemanvip
ยท 05-12 02:45
#Gate.io ๅˆ›ๅง‹ไบบ12 ๅ‘จๅนดๅ…ฌๅผ€ไฟก# #MemeBox2.0 ๅ…จๆ–ฐไธŠ็บฟ# #Gate.io ๅˆ›ๅง‹ไบบ12 ๅ‘จๅนดๅ…ฌๅผ€ไฟก# #MemeBox2.0 ๅ…จๆ–ฐไธŠ็บฟ# #MemeBox ็Žฐๅทฒๆ”ฏๆŒ Solana ๅ…ฌ้“พ#
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Animavip
ยท 05-12 02:22
going to the mooooooon
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ฤฐnsertCoinvip
ยท 05-12 00:24
If this Solana returns to its old pace, it will again gain speed.
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GateUser-c2564bb9vip
ยท 05-12 00:03
bbnnnnnnnnnnnnnnnnnn
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Discoveryvip
ยท 05-11 22:10
Buy To Earn ๐Ÿ’Ž
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Ryakpandavip
ยท 05-11 14:27
Steadfast HODL๐Ÿ’Ž
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