Solana Eyes $180 Breakout as Ascending Triangle Signals Bullish Momentum

Solana’s price action is painting a bullish picture—a textbook ascending triangle pattern hints at a potential surge toward $180. Traders are circling like sharks smelling blood in the water.

Technical setups don’t lie (until they do). This one suggests SOL could soon punch through resistance—unless, of course, the market pulls another classic ’fakeout’ to liquidate overeager leverage traders. Ah, crypto: where patterns are gospel until they’re not.

Watch the neckline. If volume confirms the breakout, Solana might just give Bitcoin a run for its money—at least until the next ’macroeconomic concern’ tanks everything. Happy trading, degens.

• 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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