- Solana is attempting a breakout above $202, signaling strong momentum.
- Weekly closes above $160–$165 keep the bullish trend intact.
- Targets ahead include $220, $240–$250, and the $260 supply zone.
Crypto market watcher Ali shared his view on Solana, noting that the asset should be held until it reaches $360. His remark came as Solana’s price tested a major level near $202, where the upper Bollinger Band sits.
A close above this threshold would confirm a strong momentum breakout. The chart since 2023 shows Solana building a series of higher lows, which supports the current bullish outlook.
As long as Solana maintains weekly closes above the midline of the Bollinger Band around $160–$165, the trend remains in favor of upside moves.
This keeps the path open toward $220 and then the $240–$250 range, before retesting the old supply area between $250 and $260. However, losing the $160 level would shift the bias lower, creating risk of a pullback toward $135–$125.
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Weekly RSI and MACD Point to Further Solana Upside
Since the bottom in 2022, Solana has gradually progressed with higher lows and wider consolidation up until 2024 and 2025.
The recent close at $203–$204 has set the token right above a significant resistance area from the earlier 2025. The conversion of this level into support will be necessary for the higher price goals to materialize.
There is additional validation from the Bollinger Bands. The support is at $162.6, while the upper band at $202.8 and the lower band at $122.5.
Solana breaking above the top band signifies a breakout, and when it is accompanied by enlarging bands, it usually results in sustained trends. Nonetheless, a rejection back to the band can spark a pullback to the support region of $160–$165.
Also positive are momentum readings. Weekly RSI remains at 59–60, once again not quite in overbought levels, yet indicating potential for continuation. MACD histogram has come back positive again, and the Awesome Oscillator evidences building green bars in the area around 17, indicative of renewed momentum on larger timeframes.
SOL Targets $280 as Fibonacci Levels Align With Breakout Zone
Fibo levels and previous price action mark three main shelves at $200–$205 as the latest breakout area, $160–$165 as the value area, and $135–$125 as deeper support.
A calculated step from the $120–$200 area foretells a probable move to the region of $280, in line for corrsistive areas around $250–$260
To confirm the bull leg, Solana needs to sustain two consecutive weekly closes above the $200–$205 region, to have the RSI progress into the middle 60s, and to show MACD expansions. Additional trading above the higher Bollinger Band, while volatility accumulates, would also confirm the resumption of the bull move.
Also Read: Solana (SOL) Rally Strengthens as Technicals Point to $295 Target
