- Solana price ADX at 28 has a good trend that can be enhanced in case of a break at 220.
- The support at $195 and $181 has been solid and in the form of the bullish structure.
- DMI indicates that the buyers are in control as +D reaches 27 and -D reaches 12 in the course of consolidating.
Solana price is spiraling inside a bullish triangle formation, which will result in the possible breakout of the market unexpectedly. The momentum seems to pick up with the increasing level of support and the repeated tests of the key resistance at $220. With technical indicators converging on the side of buyers, traders are keeping a very keen eye, since once a breakout occurs it may force SOL up to $244, $260 or even to $300.
Solana Price Action Tightens Toward Breakout
Solana price has been tracing higher lows since early summer, forming the triangle’s rising base while $220 remains the cap. Each touch of that barrier shows resistance, yet buyers keep coming back with stronger footing.Â
Supports at $195 and $181 have absorbed pressure effectively, maintaining the pattern’s bullish tone. A confirmed break above $220 could lift the token toward $244 and $260 before challenging the more psychological $300 threshold.
If the current price fails at resistance, a drop toward $181 would test the lower boundary of the structure. As the triangle tightens, volatility is likely to reappear violently.
Signs indicate that bias is buyer-oriented as consolidation keeps on. Directional Movement Index represents +D as 27, above -D as 12 indicating explicit buyer control.
In the meantime, the ADX is printing at 28, which is an indicator of a strong trend with potential to go further. When resistance is tested in more than one instance, such conditions frequently precondition continuation. Assuming that Solana breaks $220 and ADX breaks $30, the way to break 244 and 260 is empowered.
At that point, a run to the $300 milestone turns more of a reality as the technical and psychological forces converge. All in all, the indicator alignment would help to predict a long-term positive Solana price.
Read Also:
