- Solana repeatedly tests the $180–$183 resistance zone, with bulls defending dips and momentum building on increasing volume.
- A daily close above $183 could confirm the breakout, setting sights on $219 while support holds firm above $170.
- Price action forms a rounded bottom from $95, with RSI at 67, showing room for upside as the trend eyes $205 and beyond.
Solana (SOL) has climbed steadily through May, now testing a major resistance band between $180 and $183. The altcoin’s price trajectory suggests a bullish setup, but confirmation hinges on the next daily close.
Resistance Zone Holds as Key Decision Point
SOL’s daily chart shows a rounded bottom recovery pattern that began forming in early April. Since bottoming near $120, price action has built a staircase-like ascent of higher lows and higher highs. The current structure suggests accumulation, with price now challenging a critical resistance zone.
Source: X
The technical analysis above was shared on X by a prominent analyst, Pentoshi, with a bullish sentiment. The chart presents a breakout attempt through the resistance range that previously triggered a major selloff. This same level, once firm support, now acts as a barrier after being lost during February’s sharp decline.
Price has been testing the $180–$183 zone repeatedly in May without decisive continuation. A confirmed daily or weekly close above this band could open a path toward $219. The same area capped several breakout attempts in recent weeks, reinforcing its technical importance. Volume has gradually increased on green candles, supporting upward momentum.
More importantly is how price has respected support above $170. Each time SOL dipped, buyers stepped in to defend the trend. That persistence highlights continued bullish interest, as evidenced by tight spreads and clean daily closes near session highs.
Higher Targets in Sight if Momentum Holds
A second chart shared by another respected trader, Rendoshi Tokamoto, supports the bullish case, offering an extended perspective. In that view, Solana is emerging from a broader base that began forming near $95. This rounded bottom spans multiple months and aligns with textbook accumulation behavior.
Source: X
However, there’s another side to consider. The next major resistance lies just below $205, where the prior rally stalled. If the current structure maintains strength and breaks above $205, historical highs near $305 could return to focus. The RSI remains below overbought at 67, leaving room for further upside without signaling exhaustion.
In addition, there’s the fact that price now trades above all swing highs since March. Momentum remains aligned with the broader uptrend, and continued defense of pullbacks could signal sustainable bullish continuation.
Eyes on $183 Close as Trend Develops
Solana price remains technically strong, but decisive confirmation is still required. A clean break above $183 could validate the setup and establish $219 as the next target. Until then, the $180–$183 zone remains the battleground for short-term direction.
