Solana’s Last Dip? Why $360 Could Be the Next Stop Before Liftoff

Solana bulls are whispering: this might be the final chance to buy before a parabolic surge.

After weathering brutal sell-offs and network outages, SOL's chart is printing a textbook recovery pattern. The $360 target—once dismissed as hopium—now looks tantalizingly within reach.

The Technical Case

Key moving averages just flipped bullish for the first time since the 2024 bear market. Meanwhile, perpetual funding rates remain negative—classic contrarian fuel.

The Elephant in the Room

Yes, Solana's validator centralization could still trigger another 'beta network' moment. And no, Wall Street hasn't stopped laughing at 'blockchain uptime' jokes.

But here's the kicker: SOL's price action doesn't care about fundamentals right now. Liquidity is flooding back, and the charts scream 'FOMO incoming.'

Just remember—in crypto, 'final dip' usually means 'one of many.' But for degenerate traders? That's a feature, not a bug.

• Solana may offer a final buy-the-dip opportunity ahead of a shot at $360, fueled by strong 2025 performance.
• Technical view signals possible retreat back to $141.65–$113.10 Fibonacci region before bearish resumption
• A rebound in the short term from $190 could push SOL to $294–$500, which implies up to 180% near-term potential.

Solana (SOL) could present traders with one last buy-the-dip chance before targeting $360. Analysts note that recent consolidation phases have strengthened bullish technical patterns. Momentum appears intact, and sentiment remains robust, indicating that SOL could continue its upward trajectory once short-term selling eases.

Crypto observer Ali noted that SOL has had great strength throughout 2025 thus far. Increasing network and dev activity has fueled the growth. The forthcoming rally up to $360 carries impressive potential from today.

If market sentiment holds, solana could emerge as one of the top gainers. Traders are particularly watching for the final retracement, which may offer an optimal buying opportunity ahead of the next upward leg.

Technical Resistance Levels Under Review

The daily chart indicates selling pressure as SOL reached the $206 resistance level on July 23. There were already indications of traders offloading long positions. This could lay out a strong setup for late entrants to buy in at lower levels before the resumption of the next upsurge.

Short-term analysis projects a near-term retreat to $190. A bounce from there could send SOL to its next all-time high at $294. Beyond that, bullish energy could send prices to around $500. There’s a 180% possible upside in the three to six-month timeframe, say analysts.

A few traders envision a long-term $1,000 possibility on Solana. That said, hitting $500 in the near term seems more realistic, as further catalysts WOULD be needed to get past that level. Investors should be attentive to technical signals and network advancements.

Solana Fibonacci Retracement Zone Signals Potential Correction

A crypto analyst suggests SOL may be entering a corrective phase. The token finished an upward wave (1)/(A) of a broader bullish formation, a leading diagonal. Such patterns indicate a probable retreat before the resumption of the main trend.

Analysis indicates SOL could advance to the $141.65–$113.10 area. The levels fall at 50%–78.6% Fibonacci retracement, a relatively common area of corrective movements. A definitive bullish reversal within the area would bolster confidence in the resumption of Solana’s longer-term uptrend.

Should SOL successfully reverse within this area and break a significant resistance level later on, the new bullish trend may send prices to higher objectives. Traders remain cautious but optimistic, as they carefully watch corrective patterns to validate the upcoming possible leg of the rally.

The overall market, including meme coins, could be boosted in the upcoming altcoin season. Tokens such as Token6900 (T6900) have already garnered over $2 million, signaling high demand from investors. Optimistic sentiment in altcoins may support Solana’s surge in the coming months.