TL;DR<\/p>\n
Solana retests breakout level after triangle formation, with traders watching $180 for confirmation.<\/span> Solana (SOL) is trading around $181 after a brief drop of just over 2% on the day. Over the past week, the price has still been up slightly. On the daily chart, the token has broken above the top of an ascending triangle, a structure that has been forming since March, and is now retesting the breakout zone.<\/span><\/p>\n Analyst Jonathan Carter pointed to this area as a possible support level.\u00a0<\/span><\/p>\n \u201cA successful bounce could confirm the bullish breakout and drive the price toward targets at $205, $225, and $268,\u201d he said.\u00a0<\/span><\/p>\n The triangle shows a clear uptrend in lows while the price has been pressing against resistance near $180.<\/span><\/p>\n #SOL<\/a><\/p>\n Solana is retesting the upper border of an ascending triangle pattern on the daily chart<\/p>\n A successful bounce could confirm the bullish breakout and drive the price toward targets at $205, $225, and $268 pic.twitter.com\/aNCiKRegDx<\/a><\/p>\n \u2014 Jonathan Carter (@JohncyCrypto) July 25, 2025<\/a><\/p>\n\n If the retest holds, traders are watching for price moves toward $205 first level, where the asset reversed in April. The next area is $225, where SOL paused during a range earlier this year. A breakout beyond that would put $268 in play, which matches the measured height of the triangle from the breakout zone.<\/span><\/p>\n Meanwhile, there is a wider resistance area around $295, but that would only become relevant after a clean move above $268. Volume has been moderate during the recent push, and the current pullback gives the market a chance to test whether buyers will defend the breakout.<\/span><\/p>\n As <\/span>CryptoPotato<\/span> reported<\/span><\/a>, data shows that over 8 million SOL were previously bought near $190. This could act as a key level if the price moves higher. Above that, fewer traders are positioned to sell, which may reduce selling pressure and make it easier for the price to move.<\/span><\/p>\n The RSI is close to 70. While this signals some overextension, it does not yet suggest a sharp reversal. A short consolidation would be standard in this kind of setup.<\/span><\/p>\n Ali, another market analyst, <\/span>said<\/span><\/a> the TD Sequential tool is flashing a buy signal for SOL. This comes just as the Solana blockchain <\/span>prepares<\/span><\/a> for a 66% increase in block capacity from 60 million to 100 million Compute Units under a network upgrade.<\/span><\/p>\n Separately, MetaMask and Transak <\/span>confirmed<\/span><\/a> a partnership that brings native support for Solana to MetaMask. This marks the wallet\u2019s first major step beyond Ethereum and will allow users to buy SOL with fiat directly through Transak.<\/span><\/p>\n The post Solana Bounce Incoming? Chart Points to $205 and Beyond<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" TL;DR Solana retests breakout level after triangle formation, with traders watching $180 for confirmation. On-chain data shows 8M SOL bought at $190, hinting at strong support above resistance. Network upgrade boosts Solana\u2019s block capacity by 66%, with MetaMask adding native support. SOL Pulls Back to Key Breakout Level Solana (SOL) is trading around $181 after […]<\/p>\n","protected":false},"author":0,"featured_media":83768,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-83767","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/83767"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=83767"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/83767\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/83768"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=83767"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=83767"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=83767"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\nOn-chain data shows 8M SOL bought at $190, hinting at strong support above resistance.<\/span>
\nNetwork upgrade boosts Solana\u2019s block capacity by 66%, with MetaMask adding native support.<\/span><\/p>\nSOL Pulls Back to Key Breakout Level<\/h2>\n
Breakout Targets: $205, $225, $268<\/h2>\n
On-Chain Data Supports the Range<\/h2>\n
Network Growth and Market Signals<\/h2>\n