- Solana is forming a bullish ascending triangle, which points to a possible increase to $180.
- Price movement is around the level of last week’s breakout just below $167.
- The signals from different indicators show that we still need momentum confirmation.
After seeing an ascending triangle pattern, analysts think Solana (SOL) is likely to move higher to $180 in the coming days. Crypto analyst Ali (@ali_charts) says that the recent price surge of SOL reached a key resistance point at $171 and could soon mean that a breakout is occurring.
Solana’s Trend Remains Bullish, As Price is Near its Breakout Area
As demonstrated by the TradingView chart dated May 21, 2025, the rising SOL price is near a horizontal level, with several lower highs meeting and forming what technical analysts call an ascending triangle, suggesting a future rise.
Ali’s comment came when Solana was trading at just over $171.87 after exceeding the upper line of the triangle. Currently looking at the triangle pattern, the estimated target is roughly $180, indicating a bullish scenario in the days to come. Momentum investors are often attracted to this type of breakout, especially when the market activity is strong and many traders are feeling upbeat.
Source: X @ali_charts
Solana’s latest candle chart shows that, even after a slight decrease to $167.10, the price sits near the zone where it broke through. The candle price action lays out a steady shape, implying it is still valid to watch for a breakout if the $165–$167 level holds as support.
Indicators Reveals the Need for Stronger Bullish Momentum Before Breakout
Although expectations for Solana’s growth are high, its latest data suggest a different mood. Previously, RSI showed the asset was overbought, but now it has lowered to 55.69, so the asset has room to rise again.
Source: TradingView
Nonetheless, according to the MACD, the bearish outlook takes shape as the MACD line crosses below the signal line. As a result, it is clear that more strong momentum or volume is required to guarantee the bullish breakout.
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