Solana price escaped April’s consolidation box, flipped the old down‑sloping resistance into a rising support line, and is now pressing the 180 $ ceiling inside a well‑defined growing channel. A decisive daily close above 180 transforms that barrier into a launch pad, opening the measured channel extension toward 200‑205 $. Channel lows near 150 remain key invalidation for the bullish momentum.
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Solana climbed out of March’s rectangle and has marched inside a tight growing channel ever since. Price is now wrestling the horizontal 180 $ barrier and the channel’s upper fork simultaneously. A decisive daily close above 180 flips that lid into support and activates the projected channel extension toward the 200 $ milestone. Interim pullbacks to 165-170 keep the structure healthy while momentum remains positive.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.