Solana is holding firm above $230 support, with participants eyeing a potential breakout towards $250 and higher as bullish momentum builds.

SOL Solana’s price defense of the $200 zone has proven more than just a bounce; it has turned into a foundation for fresh momentum. With a market cap holding above $125 billion, buyers have returned in force, keeping the price steady near $230.

Solana Price Regains Strength

The new data shows that Solana price is holding firm around the $230 zone, supported by a market cap above $125 billion. Since holding $200 support level, buyers have stepped back into control, creating a foundation for potential continuation. Historically, reclaiming this type of base has opened doors for accelerated rallies in previous cycles.

Solana current price is $230.83, down -0.33% in the last 24 hours. Source: Brave New Coin

Bulls now view $225 to $230 as the structural support range to defend. If these levels remain intact, the path higher could test resistance at $250 and beyond. The return of consistent buying pressure underlines the fact that Solana is no longer in indecision mode but has shifted into a trending phase.

Technical Outlook: Charts Holding Firm

The recent Shardi B’s chart emphasized that Solana price looks ready to extend its rally after reclaiming critical trend levels. The chart shows Solana pushing higher with momentum building, as buyers continue to absorb dips and challenge resistance. This sets up a constructive backdrop for a possible breakout in the coming sessions.

Solana builds momentum as buyers defend key levels, with a breakout above $245 eyeing $260 next. Source: Shardi B via X

Participants highlight that reclaiming $240 to $245 would be a major trigger, aligning with the previous consolidation highs. If cleared, momentum could drive SOL price towards $260 quickly. The structure suggests bulls are firmly in control, with higher lows stacking up as evidence of accumulation.

Liquidity Sweep Could Benefit Bulls

Solana currently has over $200 million in long liquidations clustered around the $200 to $220 zone. While this may look like a risk, past cycles have shown that such sweeps often end up strengthening the market rather than weakening it. Crypto analyst TED believes that any dip into this support would likely be met with aggressive buying.

Solana holds a strong $200 base, where liquidation sweeps could trigger fresh buying momentum. Source: TED via X

Just as Ethereum found a strong footing at $4,000, Solana’s $200 level has now become its psychological base. TED argues that defending this line not only protects structure but also creates the type of springboard that fuels rallies. A short-term shakeout could clear overleveraged positions before powering Solana price towards higher targets.

Fractal Patterns Support the Bullish Case

ZYN’s analysis showed that Solana has been repeating a clear fractal pattern throughout the year: 25% dips followed by 50–60% rallies. This sequence has already played out three times since Q2, and the current price action suggests the same cycle may be unfolding again.

Solana’s repeating fractal pattern of sharp dips and strong rallies hints at another bullish leg ahead. Source: ZYN via X

If history repeats, Solana could be setting up for another powerful leg higher. This fractal behavior reinforces the idea that Solana’s rally is not random, but part of a repeatable structure. Participants are watching closely to see if this pattern continues to guide price action towards fresh highs.

Solana Price Prediction: Breakout Targets in Focus

A major wedge structure is forming on Solana, with clear breakout potential. If the price extends beyond the upper trendline, immediate targets sit at $300 and $380, with long-term scenarios pointing even higher. Don’s chart emphasizes how consolidation within this wedge has been building pressure for months.

Solana’s wedge structure signals breakout potential, with targets at $300 and $380 if support holds. Source: Don via X

For Solana price, holding $225 to $230 support is key to confirming this bullish outlook. If buyers maintain strength, the technical setup suggests the next few weeks could deliver one of the strongest rallies of the year. These targets place Solana firmly in line with bullish cycle projections.

Closing Thoughts

Solana price structure is strengthening as bulls defend higher supports and challenge critical resistances. With liquidity sweeps, fractal cycles, and wedge breakouts all pointing to continuation, the setup for Solana remains highly constructive.

Institutional flows and on-chain activity continue to support this momentum, while retail participants closely track key technical levels. If $200 remains unbroken and $240 to $250 gets cleared, Solana could be on course for its next major expansion phase.

In summary, Solana’s price action suggests that the bulls are not only back but preparing for a larger move. As long as momentum continues and critical supports hold, Solana looks well-positioned to deliver on its bullish potential in the months ahead.