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Can SOL Break $230? These Chart Patterns Say Yes
Jul, 29, 2025
< 1 min read
by Olivia Stephanie
for CryptoPotato
TL;DR
- Solana has traded sideways for 18 months, unable to close above the $115 support and $230 resistance.
- Analysts say recent false breakouts may reset the stage for a larger breakout move.
- Weekly close above $230 could push Solana toward targets near $295 and possibly beyond.
Range-Bound Movement Continues
Solana (SOL) has mostly traded between $115 and $230 for the past 18 months, without a clear closure outside this range. Following a 2023 rally, the price went into a wide consolidation period. Since that time, there have been two sharp but non-sustained determinations of the range.
Read More
Can SOL Break $230? These Chart Patterns Say Yes
Jul, 29, 2025
< 1 min read
by Olivia Stephanie
for CryptoPotato
TL;DR
- Solana has traded sideways for 18 months, unable to close above the $115 support and $230 resistance.
- Analysts say recent false breakouts may reset the stage for a larger breakout move.
- Weekly close above $230 could push Solana toward targets near $295 and possibly beyond.
Range-Bound Movement Continues
Solana (SOL) has mostly traded between $115 and $230 for the past 18 months, without a clear closure outside this range. Following a 2023 rally, the price went into a wide consolidation period. Since that time, there have been two sharp but non-sustained determinations of the range.
Read More