{"id":98064,"date":"2025-09-19T15:10:11","date_gmt":"2025-09-19T15:10:11","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=98064"},"modified":"2025-09-19T15:10:11","modified_gmt":"2025-09-19T15:10:11","slug":"is-solana-brewing-a-1000-rally-3-year-cup-handle-setup-emerges","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=98064","title":{"rendered":"Is Solana Brewing a $1,000 Rally? 3-Year Cup & Handle Setup Emerges"},"content":{"rendered":"

TL;DR<\/strong><\/p>\n

Solana forms a 3-year cup and handle, with breakout targets of $500 and $1,000.
\nThe cycle model suggests Solana could peak at Zone V, projecting a rally above $18,000.
\nForward Industries acquires 6.82M SOL, becoming the largest holder with 1.26% of the supply.<\/p>\n

Cup and Handle Setup at Key Resistance<\/h2>\n

Solana\u2019s weekly chart shows a cup and handle pattern that has taken shape over three years. The asset is now testing the neckline around $245\u2013$250, a zone viewed as critical for confirming the breakout.<\/p>\n

Remarkably, the broader structure includes a rounded base formed between late 2021 and 2023, followed by a smaller pullback that created the handle. The 50-week moving average is trending higher and sits below the current price, while the RSI is climbing near 60, suggesting momentum without entering overbought territory. Analyst Jonathan Carter commented,<\/p>\n

#SOL<\/a> Weekly Cup & Handle is at the MOMENT OF TRUTH<\/p>\n

The setup:
\n 3-years cup formation
\n Clean handle complete
\n Volume building at neckline<\/p>\n

Long-term targets: $500 \u2192 $1,000<\/p>\n

All criteria are aligning. Perfect weekly pattern for growth pic.twitter.com\/2M9POUvVWd<\/a><\/p>\n

\u2014 Jonathan Carter (@JohncyCrypto) September 18, 2025<\/a><\/p>\n\n

His projection places long-term targets at $500 and potentially $1,000 if the move continues.<\/p>\n

Cycle Model Points to Higher Zones<\/h2>\n

A separate analysis from Trader Tardigrade outlined<\/a> a repeating cycle model built on channel zones. Previous rallies saw Solana top at different zones before retracing to Zone I, which acted as long-term support.<\/p>\n

The chart now considers the chance of Solana peaking again at Zone V, similar to the move in late 2021. The model\u2019s projection shows a possible run above $18,000 before a later correction. Tardigrade noted that each cycle in Solana\u2019s history has followed a similar pattern of steep expansions followed by substantial retracements.<\/p>\n

<\/a>Source: Trader Tardigrade\/X<\/p>\n

Additionally, Crypto Patel highlighted a bullish structure following Solana\u2019s breakout<\/a> above $26\u2013$33, which had capped the price during the downtrend. Since then, the token has consolidated between $115 and $285, forming a broad base above old resistance.<\/p>\n

Patel set two major objectives. They wrote,<\/p>\n

Can $SOL<\/a> hit $1000 in this bull run?<\/p>\n

My 1st target is $500, but why stop there? Let\u2019s aim for $1000@solana<\/a> pic.twitter.com\/pgFGksQFFi<\/a><\/p>\n

\u2014 Crypto Patel (@CryptoPatel) September 18, 2025<\/a><\/p>\n\n

Key support is seen around $185, with deeper historical support zones marked at $10 and $1.50. The bullish case remains valid while Solana holds above the $185\u2013$200 range.<\/p>\n

Institutional Accumulation Adds Context<\/h2>\n

Market data also points to institutional participation. According<\/a> to CoinGecko, Forward Industries became Solana\u2019s largest treasury after acquiring 6.82 million SOL, equal to 1.26% of the supply. This single holding is larger than the combined balance of the next three biggest holders, who together control about 6.11 million SOL.<\/p>\n

The addition of large-scale buyers provides further context as Solana approaches the $250 neckline. Traders are watching whether a confirmed breakout can set the stage for the higher targets now in focus.<\/p>\n

The post Is Solana Brewing a $1,000 Rally? 3-Year Cup & Handle Setup Emerges<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

TL;DR Solana forms a 3-year cup and handle, with breakout targets of $500 and $1,000. The cycle model suggests Solana could peak at Zone V, projecting a rally above $18,000. Forward Industries acquires 6.82M SOL, becoming the largest holder with 1.26% of the supply. Cup and Handle Setup at Key Resistance Solana\u2019s weekly chart shows […]<\/p>\n","protected":false},"author":0,"featured_media":98065,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-98064","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\/98064"}],"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=98064"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/98064\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/98065"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=98064"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=98064"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=98064"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}