Solana Price Targets $296 as Bulls Eye Breakout Above Key $207 Resistance

Sean Williams
Solana SOL

Getting your Trinity Audio player ready...
  • Solana eyes a breakout above $207 resistance after weeks of consolidation.
  • A confirmed move higher could target $258 and $296 in the coming weeks.
  • Support near $176–$186 keeps SOL structurally bullish heading into 2026.

Solana (SOL) is once again approaching a pivotal resistance at $207, a level traders see as the gateway to a new bullish phase. Despite a minor dip of 2.24% to around $194, the overall structure remains firm, supported between $176 and $186. This tight trading range signals growing tension — and the potential for a breakout that could define the next leg of Solana’s market cycle.

Technical Setup Suggests Building Momentum

Analyst Emijap Turbo noted that Solana continues to trade within an ascending channel, with price action respecting both support and resistance levels. A confirmed close above $207 could ignite a rally toward $296, matching earlier breakout patterns seen in 2025.


The chart also shows a clear formation of higher lows — a sign of steady accumulation and long-term strength. If momentum holds, Solana could resume its broader uptrend heading into early 2026, positioning itself as one of the standout performers among Layer-1 altcoins.

Support Zones Strengthen Bullish Outlook

Market data shows moving averages converging near $190, acting as a short-term safety net for buyers. This alignment often precedes stronger price reactions, suggesting that Solana’s consolidation may be more of a reset than a reversal.

Also Read: Solana $SOL Establishes Strong $189 Support Amid 24.5M Token Accumulation


However, if SOL fails to close above $207, it risks remaining stuck in the $176–$206 range — a frustrating sideways phase that could delay bullish expansion until 2026.

Outlook: All Eyes on the $207 Line

Solana’s next decisive move hinges on whether bulls can break and sustain above the $207 mark. A successful breakout could unlock new targets near $258 and $296, aligning with mid-channel resistance and potential profit zones. For now, traders are watching closely as Solana tests one of its most important technical levels of the year.

Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses.

Related Posts