Solana’s “Masterpiece” Setup: Is $190 the Next Stop?
Solana (
$SOL ) is flashing one of the most constructive price patterns in recent months. After a long period of consolidation, the technicals are finally aligning for a major breakout.
📈 The "Cup and Handle" Formation
Solana has carved out a massive Cup and Handle pattern on the daily chart. This classic bullish continuation signal suggests that the months of sideways movement ($120–$145) were actually a period of "Smart Money" accumulation.
Key Technical Milestones:
• MA-50 Reclaim: SOL has closed and held above its 50-day Moving Average for the first time since September 2025—a major signal that the bearish trend has flipped.
• The $145 Barrier: This resistance level has capped SOL four times in the last 3 months. A clean break here is the "trigger" for the next leg up.
• Target Price: Analysts are eyeing a move to the $180–$190 zone, representing a ~25% upside from current levels.
🏛️ The Institutional Backstop: ETF Inflows
While retail is still finding its footing, institutions are quietly bidding.
• Positive Flows: US Spot Solana ETFs (like Bitwise’s $BSOL) recorded over $10M in net inflows in the latest session.
• Year-to-Date: Cumulative inflows have now climbed to $1.14 billion, providing a strong structural floor that absorbs sell-side pressure.
⚠️ Risk Management: Watch the Liquidation Zones
The "Liquidation Heatmap" shows a tug-of-war:
• Downside: Over $1B in long liquidations sit near $130. A dip here could be a "wick" to shake out weak hands before the pump.
• Upside: $520M in short liquidations are clustered at $160. Breaking this level could trigger a "short squeeze" that accelerates the rally toward $190.
💡 Pro Tip: Don't ignore the trend reversal. As trader NekoZ puts it, "The rounding bottom is painting a masterpiece."
Are you bullish on
$SOL for Q1 2026? Let’s discuss your targets below! 👇
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