Key results:

• Historical chart patterns and Fibonacci shade indicator Nip at the Solana Prices Rally up to USD 300.

• 7.5 billion dollars Solan Open percentage of Futures and negative financing rates can be a sign that it is in making a powerful brief squeeze.

Solana (SOL) Price tested the resistance level of USD 180 on May 11, but since then it consolidated below this key threshold and seems to be able to establish a indefinite stubborn position. However, Altcoin maintained a positive signal, closing above the 50-week-old movable (EMA) interpretation for three consecutive weeks. This critical level historically acted as a catalyst for significant price rallies.

At the end of 2023, Sol broke through the 50-week and 100-week EMA, consolidating its position above these levels before the augment in 515% to March 2024. The relative strength or RSI indicator on the weekly chart is currently 52.60, which indicates the growing purchase pressure.

This configuration reflects past designs in which Sol broke over the 50-week EMA and has gathered significantly. With the level of current technical SOL, it seems to be ready to re -supplement the level of USD 300 at the end of 2025, key psychological and historical resistance.

By using Fibonacci (FIB) extensions based on trends, the potential growth of POL can be more convincing. The FIB extension, transferred to the January USD $ 295 from the last swing near 95 USD, presents a direct target of around $ 300 or an augment of 70%.

When the SOL price enters the discovery of prices, the stubborn shoot can focus on an extension of 1.618, which suggests that SOL can reach up to 418 USD. However, the lack of storage of the 50-week EMA may cause SOL to check lower support again near USD 157.

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Solana Traders Debatate at the next Breakout Sola catalyst

While Solana still trades almost 40% below its highest time, the Sol Futures market activity remains solid. According to Coumingglass, Solana Futures opens amounts to $ 7.5 billion – Only $ 1 billion from January 19, 2025, peak $ 8.5 billion. Increased OI levels usually signaled increased speculative interest and suggest that traders position significant price variability.

Exchange financing rates have also become negative, which indicates a tilting towards brief positions, because SOL tries to regain a key resistance of USD 180. Although it often reflects bear, it also opens the door for a potential brief squeeze.

Crypto Futures Analyst pointed In current market conditions, which are characterized by increased OI, growing aggregate volume and relatively muted cross-financing-they suggest that the SOL price can stabilize. He noticed that this configuration can catalyze the pointed growth movement, with the possibility of a breakthrough towards the level of USD 300, if the shoot is built.

However, caution is justified. Outstanding trader Carl Moon tiled Potential double pattern on a 4-hour table. If the pattern settles, the trader warned that Sol can visit USD 157 to USD 152 again in a brief period.

A level worth USD 180 remains a critical inflection point. Definitely above it can confirm the stubborn continuation, while rejection can lead to a well correction to the range of USD 150–160.

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This article does not contain investment advice or recommendations. Each investment and commercial movement involves risk, and readers should conduct their own research when making decisions.