Solana’s Make-or-Break Moment: Can SOL Rocket to $176 or Crash to $131?

Solana stands at a crossroads—again. The blockchain's native token, SOL, is flirting with a decisive move that could either send it soaring to $176 or dump it back to $131. No middle ground here.

The Bull Case: High-Speed Ascent

If SOL breaks resistance, traders are eyeing a 25% sprint toward $176—a level last seen during the memecoin frenzy. Network upgrades and NFT volume are fueling the optimism.

The Bear Trap: Liquidation Looms

Fail to hold support? A 20% nosedive to $131 becomes likely. That’d wipe out two months of gains faster than a VC dumping tokens on retail.

The Bottom Line

Solana’s price action is tighter than a centralized exchange’s wallet security. One false move—boom or bust. Choose your side before the market does it for you.

Key technical points

• Reclaimed Point of Control: Price action has returned above the volume-weighted average zone.
• Stacked Resistance at $154: Includes the 0.618 Fibonacci retracement and anchored VWAP from highs.
• Volume Still Lacking: Breakout must be supported by volume or risks invalidation.

Solana recently rebounded from a key swing low just below $130, triggering a strong upward move that peaked at $187. Since then, the price has been confined within a defined range, oscillating between the value area high NEAR $154 and the value area low around $131. Reclaiming the point of control signaled renewed interest from buyers, but the current rally is encountering significant headwinds.

Price is now testing a technically dense resistance region marked by two major confluences: the 0.618 Fibonacci retracement from the previous swing high and the anchored VWAP drawn from the top of the range. This dual-layered resistance makes the area structurally significant, and difficult to break without strong momentum.

If solana fails to reclaim this resistance zone on a closing candle basis, a move back toward the $131 support level is likely. This would keep price locked within the broader range and reinforce the rotational structure of the current market. However, if resistance is broken decisively, and most importantly, with supporting volume, the probability of a bullish expansion increases significantly. The next target would be the $176 region, aligning with a prior swing high and high time frame resistance.

A key variable to watch here is volume. The current push higher has occurred with declining participation, raising the risk of a false breakout. If demand fails to materialize near the highs, price is likely to rotate lower once again.

What to expect in the coming price action

Solana is at a technical crossroads. A breakout above $154, backed by volume, opens the path to $176. Failure to reclaim this zone increases the likelihood of a rotation back to the $131 support area.