.png "Solana cup and handle breakout 2025 price prediction")
Solana (SOL), the high-speed Layer-1 blockchain token, is making headlines once again. With its current price hovering around $175.56, SOL is testing a critical resistance zone near $178 a level that could trigger a powerful bullish breakout based on the formation of a classic "cup and handle" chart pattern.
This formation, which began taking shape in
early 2025, could unlock a fresh upward wave if confirmed taking SOL from
current levels toward $200 or even $230
over the coming weeks.
But before we jump into potential price targets, let’s understand what this pattern means and why this moment matters so much for Solana bulls.
What Is a Cup and Handle Pattern and Why It Matters
In technical analysis, the cup and handle is a bullish continuation
pattern. Imagine a rounded “cup” followed by a small downward “handle.” This
shape often signals a pause in an uptrend, followed by an explosive breakout.
Solana's chart has been forming this structure
since early 2025:
·
The cup formed as SOL dipped to a low of around $120
·
It steadily rebounded, rising toward $175–$178, which forms the neckline (resistance level)
·
Now, SOL is forming the handle, a mild pullback or sideways
phase just before a potential breakout
If the price closes decisively above $178, it could complete the pattern and unleash a rally toward much higher levels.
Why $178 Is a Critical Level for Solana
The key breakout zone: $176 to $178
This is the neckline of the cup and handle
pattern. It has acted as a strong ceiling for the past few weeks.
A daily close above this zone would:
·
Confirm the bullish pattern
·
Flip resistance into support
·
Signal renewed investor confidence
Potential price targets:
·
First target: $195–$200
·
Extended upside: $230
(based on measured depth of the cup, i.e., $178 neckline minus $120 base = $58
added to the breakout level)
Technical
Indicators Support Bullish Case
Several technical signals are aligning with
this bullish setup:
Also Read :
- RDGMining Unlocks Passive Crypto Income with XRP: Easy Cloud Mining Without Tech Hassles
- Lucid Partners With Uber and Nuro for Robotaxi Project, Stock Jumps 35% on Bold EV-Autonomy Plan
- GE Aerospace Raises 2025 Forecast After Beating Q2 Earnings; Commercial Engines Drive Growth
- Volcon Goes All-In on Bitcoin: $500M Share Sale Signals Bold Strategic Shift
.png&description=Solana Price Tests $178 Resistance: Can Cup and Handle Breakout Push SOL to $230 in 2025?){kind=link}
0 Comments