Solana Targets $180 Surge While Defending Critical Macro Support
Solana isn't just holding the line—it's eyeing a major breakout. The network's resilience around a key macro support level has traders whispering about a potential run toward $180.
The Technical Setup
Forget sideways action. The chart shows a clear consolidation above a long-term support zone that's held firm through recent volatility. This isn't passive holding; it's a coiled spring. Each test of this level has been met with aggressive buying, suggesting institutional hands are building positions while retail sleeps.
Momentum Builds for the Push
On-chain metrics and derivatives data hint at growing conviction. Funding rates remain neutral, avoiding the overheated leverage that typically precedes a dump. Meanwhile, network activity refuses to slump—a stark contrast to chains that thrive on speculation alone. The path to $180 looks less like a hopeful moon-shot and more like a logical next target if this support continues to act as a launchpad.
The Bigger Picture
This isn't happening in a vacuum. Macro support holds the story. A break below would invalidate the bullish thesis and trigger a cascade of stop-losses—the kind of mechanical selling that makes portfolio managers suddenly remember their 'risk management' PowerPoints. But holding here sets the stage for a momentum move that could slice through resistance levels with the efficiency Wall Street wishes its legacy systems had.
Solana's proving its mettle. It's defending critical ground while simultaneously plotting an offensive. The coming sessions will reveal whether this is genuine strength or just another fakeout in an asset class where 'macro support' sometimes means 'the level we all agreed to pretend matters until it doesn't.'
Solana Stays Around Critical Trendline Support Area
This trendline is the main support in Alpha Crypto‘s higher-timeframe analysis. In the past, solana has occasionally tested this line but has always remained above it.
In such times, new bullish phases were associated with rebounds off this level. This is taking place as the present test follows weeks of gradual decrease and diminished movement.
Still, sellers have not forced an overwhelming close below the support line, even with this weakness. According to the analysis, the macro structure has not been ruined yet.
The outlook looks bullish as long as Solana does not fall below the trendline. The analysts caution that the price might head towards the $180 mark once there is a sharp movement.
Source: X
Solana Slows Gradual Strength Around Support Zones
According to the weekly chart, the Supertrend indicator shows that the price is lower in relation to the active trend band. Despite such pressure, the indicator shows a narrowing gap between the price and possible trend reversal zones.
This is proof that the momentum is weakening, although a collapse is not evident. The weekly RSI is approaching the middle-range as there is neither excessive buying nor panic selling at this time.
This indicates convergence rather than a full-scale breakdown. A rebound WOULD occur early once RSI increases.
Reduced trading volumes indicate hesitation rather than liquidation. This change suggests that the token is being accumulated rather than being sold.
Supertrend and RSI. Source: TradingView
Solana Tests Major Areas of Support
The reaction of SOL at this stage is important for market sentiment. The pattern is considered an indication of increasing confidence over the long-term.
The weekly chart shows Solana trading around significant moving averages, and the ADX around 24 indicates a positive trend. There is no clear direction for the token yet, as the market is still in consolidation.
As long as the ADX shoots upward when the price remains stable, then it might prove that the direction of the trend is ascending. At this moment, it is a question of whether Solana stays above the support and builds from there.
This should be most evident in the upcoming weekly close. A sustained hold would indicate that recovery is expected, and the price could reach the $180 target.
ADX. Source: TradingView