Solana (SOL) Primed for Explosive Move: $144 Breakout Could Launch Price to $170

Solana's gunning for a breakout—and the charts are screaming for it. Forget the sideways shuffle; all eyes are locked on that critical $144 level. Crack it, and the runway to $170 clears fast.

The Line in the Sand

Mark $144 on your chart. That's not just another number—it's the major resistance wall that's been capping SOL's upside ambition. A decisive close above it isn't just a win; it's a signal flare. Technicals suggest momentum could snowball from there, with the next major target sitting squarely at $170. No fancy indicators needed—it's pure price action psychology.

Momentum's Building

The setup's classic. Consolidation under resistance, building energy for the next leg up. When an asset like SOL coils this tight near a key level, the resulting move tends to be violent—and fast. Traders are positioning for it, liquidity's stacking up around the level, and the market's holding its breath. It's the calm before the potential storm.

What a Breakout Really Means

Clearing $144 does more than just tick a box. It invalidates the bearish narrative of lower highs, flips resistance into support, and opens the door for a full-blown rally. The path to $170 becomes the base case, not a pipe dream. Of course, in crypto, every 'sure thing' comes with the standard disclaimer written in invisible ink—past performance is about as reliable as a banker's promise.

Watch the tape. If SOL takes out $144 with conviction, don't blink. The move to $170 could happen before the traditional finance guys finish their third coffee of the morning.

Solana (SOL) May Surge if $144 Support Remains Intact

The crypto analyst, Ali, highlighted that SOL is close to an important point, as the $144 resistance mark keeps blocking the upward progress. Although there have been failed attempts, the buying interest has been unable to provide a clear breakthrough above the resistance mark. Experts point out that $144 is an important resistance point that lies along the rejection levels and important moving averages.

Source: Ali

If SOL again fails to overcome this barrier, the warning signal for the potential reversal to $130 emerges. The area around $130 serves as a robust support level, but if the retest occurs, it WOULD ascertain the soundness of the same. Solana’s short-term trend would rely significantly on whether it succeeds above $144 or not.

Solana (SOL) Breaks Key Trendline: Next Stop $170

Moreover, another crypto analyst, Gordon, shows that investors had an important window of opportunity to invest in the SOL token earlier this week before there was an important trendline shift. On Monday, the token was selling for an important discount, offering an optimal moment for tactical investors to enter. Presently, Solana has broken above that important mark, representing an important bullish signal.

Source: Gordon

Technical analysts are now targeting the next major resistance level at $170 as market sentiment continues to shift towards the positive side. This trendline breakout indicates the potential for an upward trend, as it rewards early investors and serves as a warning for late investors. Although the future looks bright, the volatility levels for crypto are extremely high.

Also Read: Solana Holding Key Support, Could $160 Be the Next Massive Breakout?