Solana (SOL) Price Analysis: Critical $180 Breakout Could Trigger Bullish Rally

TLDR:

• Solana nears $180 resistance after rising from $123, forming a bullish chart setup.
• A breakout above $180 could push SOL toward $211, with strong volume supporting the move.
• Failure to break $180 may lead to a pullback toward the $150–$160 support zone.
• Closing above $190 may confirm a breakout; traders set stop-loss near $175–$180 range.

Solana (SOL) is facing a pivotal moment as it tests the $180 resistance level after a steady climb from earlier lows. Technical analysts are monitoring SOL price action around this zone, where the token has formed a classic cup and handle pattern.

Market participants are positioning themselves for either a breakout or a potential pullback scenario. The current price dynamics suggest Solana stands at a crossroads that could influence its trajectory through the remainder of 2025. Trading volume remains robust as investors weigh the technical signals against broader market conditions.

SOL Price Prediction Highlights Key Breakout Zone

Cryptocurrency analyst Ucan highlighted the critical nature of Solana’s current position in recent market commentary. The analyst noted that SOL has climbed steadily from $123.89 and now trades around $175, just below the crucial $180 resistance level.

#SOLANA | Testing major resistance$SOL has been climbing steadily from 123.89$ and is now forming a clear cup & handle.

180$ inches is the key level , both horizontal resistance and the breakout zone. Price is hanging just below, around 175$.

If 180$ breaks with momentum 👇… pic.twitter.com/NjPaLaO3Lx

— 𝖀𝖈𝖆𝖓 (@Ucan_Coin) May 26, 2025

According to the analysis, this resistance zone represents both horizontal resistance and the breakout point for the cup and handle formation.

The price prediction scenario presents clear targets for both bullish and bearish outcomes. If SOL manages to break above $180 with strong momentum, analysts project the next target could reach $211. However, rejection at this level might trigger a pullback toward the $150 to $160 support zone.

Robert Mercer, another market observer, drew comparisons between current SOL price action and the successful breakout pattern witnessed in October 2024.

The analyst emphasized how the current setup reminds him of the previous surge when Solana rallied from $150 to $200 following a similar resistance break.

My expectations from $SOL once it breaks the $180 resistance

Reminds me of what we’ve seen back in October 2024 pic.twitter.com/6jLddcBCxR

— Robert Mercer (@Robert_Klondike) May 22, 2025

Historical data shows that SOL experienced consolidation periods around $180 before achieving substantial price gains. The chart patterns suggest that once this resistance level yields, Solana could experience rapid price appreciation similar to its early 2025 performance when it peaked near $240.

Current Solana Market Data Reveals Mixed Signals

Latest price data from CoinGecko shows Solana trading at $175.78 with a substantial 24-hour trading volume of $3.19 billion.

SOL Price on CoinGecko

The token has declined 1.31% in the past day but maintains a positive 4.89% gain over the previous week. SOL has established a trading range between $165.55 and $186.79 during the current weekly cycle.

Market analysts suggest that building momentum above $186 could trigger a bullish rally extending beyond immediate resistance levels. Conversely, failure to maintain support above $165 might lead to further declines toward the psychological $150 support level.

Professional traders are implementing strategic approaches to navigate Solana’s current technical setup. Verified Investing analysis recommended monitoring closes above $184 as confirmation of a genuine breakout.

The critical $123 level remains the ultimate invalidation point for the bullish structure. A breakdown below this support would signal the end of the current positive setup and potentially open the door for more downside pressure.

Current sentiment data from CoinCodex indicates 53% bullish positioning among market participants, reflecting cautious optimism about SOL’s near-term prospects.