{"id":13660,"date":"2025-07-31T16:22:55","date_gmt":"2025-07-31T15:22:55","guid":{"rendered":"https:\/\/investx.fr\/en\/?p=13660"},"modified":"2025-07-31T16:22:56","modified_gmt":"2025-07-31T15:22:56","slug":"solana-sol-is-a-correction-or-breakout-on-the-horizon","status":"publish","type":"post","link":"https:\/\/preprod.investx.fr\/en\/crypto-news\/solana-sol-is-a-correction-or-breakout-on-the-horizon\/","title":{"rendered":"Solana (SOL) : Is a Correction or Breakout on the Horizon ?"},"content":{"rendered":"\n

Solana (SOL) : Ready to Shine Again ?<\/h2>\n\n\n\n

The gradual recovery<\/strong> of the cryptocurrency market following recent turbulence<\/strong> continues to gain momentum. Ethereum<\/a><\/strong> (ETH) has rebounded<\/strong> from its lows, driving notable gains<\/strong> for altcoins like Solana<\/a><\/strong> (SOL). With an already impressive 19%<\/strong> increase this month<\/strong>, SOL isn’t just riding the wave \u2013 it could be replicating a highly convincing bullish pattern<\/strong> recently observed<\/strong> in SEI.<\/p>\n\n\n\n

After months<\/strong> of consolidation<\/strong> within an ascending triangle<\/strong>, SOL<\/a> finally broke through resistance<\/strong> and climbed to $206<\/strong>. This surge was followed by a healthy correction<\/strong>, retesting the former resistance as support and dropping to $170<\/strong>. Currently trading around $180<\/strong>, SOL appears to be stabilizing<\/strong> in a pattern almost identical to SEI’s behavior before its continued bullish run<\/strong>.<\/p>\n\n\n\n

\"market
Source: Coinmarketcap<\/em><\/figcaption><\/figure>\n\n\n\n

Significant Upside Potential Ahead ?<\/h2>\n\n\n\n

If this fractal pattern<\/strong> fully materializes, SOL could be preparing for another substantial rally<\/strong>. A clean breakout above the recent peak<\/strong> at $206<\/strong> would confirm this scenario and pave the way toward higher<\/strong> targets with $244<\/strong> and $271<\/strong> as the next major resistance zones, representing up to 48%<\/strong> upside potential from current levels.<\/p>\n\n\n\n

However, pattern confirmation is essential. Failure to maintain above the breakout zone or a drop below $170<\/strong> would invalidate the structure and could lead to further downside<\/strong>. For now, the structure remains intact<\/strong> and traders are closely monitoring SOL’s next movements.<\/p>\n\n\n\n

\"SEI
Source: Tradingview<\/em><\/figcaption><\/figure>\n\n\n\n
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Buy SOL on Bitget now !<\/a><\/div>\n<\/div>\n\n\n\n

More on this topic :<\/strong><\/p>\n\n\n\n