Solana Price Prediction: Bulls Eye Breakout Toward $160 As Derivatives Expand Sharply

• Solana tests a two-month trendline near $140, with major EMAs above price keeping the structure corrective rather than bullish.
• Spot flows turn positive with $5.53M in inflows, while derivatives activity surges as traders take leveraged long exposure.
• A breakout above $140-$146 shifts targets toward $160-$163, while failure risks a return to $134 and possibly $128.

Solana price today trades near $139 up 5.5%, extending a rebound that started from the $128 zone earlier in the week. The recovery is attempting to break a two-month descending trendline, but price remains capped beneath a cluster of moving averages that have acted as resistance throughout the downtrend. 

Trendline Rejection Limits Recovery Attempts

On the 4-hour chart, Solana is pressing against the falling trendline near $140, a barrier that has rejected eve…

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