Fun

Solana Rallies Into Pivotal Zone – $180 Level Could Define Next Move

News Feed - 2025-05-11 07:05:32

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español.


Solana is gaining momentum once again, with price action pushing above the $175 level for the first time in weeks. The move comes as crypto markets roar back to life, fueled by Bitcoin’s push above $100K and Ethereum’s explosive rally past $2,500. Solana has surged more than 20% in the past week alone, signaling strong demand and a renewed bullish outlook from traders and investors alike. Related Reading XRP Whales Are Back – 880 Million Tokens Accumulated This Month 1 day ago


Top analyst Big Cheds shared a technical analysis revealing that Solana is now making a strong advance into a key spot—the underside of the daily 200 moving average (DMA). The asset is also approaching a lower high around the $180 mark, which previously acted as resistance during the last failed breakout attempt. Cheds notes that reclaiming this zone would be a significant win for bulls, potentially triggering a sharp continuation toward new highs.


Market sentiment is turning optimistic across the board, and Solana’s technical setup reflects that shift. As price approaches the 200DMA, all eyes are on whether SOL can hold this momentum and break through key levels to join the broader market rally. The coming days will be crucial for confirming a full trend reversal. Solana Approaches Pivotal Level As Bulls Eye Breakout


Solana is showing renewed strength after a clean breakout above the $160 resistance zone, a level that had capped price action for several weeks. The surge has brought SOL into a critical region that could act as a pivot point—either igniting a fresh bullish rally or marking a temporary top before a retrace.


As global tensions between the US and China and broader macroeconomic uncertainties linger, the crypto market remains exposed to sudden sentiment shifts. However, recent price action in Solana, along with Bitcoin and Ethereum, suggests that investors are increasingly optimistic about a continued market recovery.


Solana’s current structure reflects that optimism. The asset is now testing the underside of its daily 200 moving average, a level often viewed by traders as a trend-defining indicator. A successful push above this moving average would add further confidence to the bullish thesis. At the same time, Solana is approaching a lower high near the $180 zone, where the price was previously rejected in March. Cheds points to this convergence as a crucial area: a breakout here could mark the beginning of a larger reversal pattern. SOL testing the underside of DMA 200 | Source: Cheds on X


Still, risks remain. A rejection at the $180 level could reinforce resistance and trigger a pullback toward the $160 support, especially if macro conditions worsen or profit-taking sets in. For now, however, bulls appear to be in control, and the technical landscape supports a potential continuation—if momentum holds. Related Reading Bitcoin 4H Chart Shows Bullish Consolidation – Classic Continuation? 1 day ago Technical Levels: Price Action Shows Strength


Solana (SOL) is exhibiting strong momentum as it trades at $176.41, advancing toward a crucial resistance area around the $180 level. The daily chart shows that SOL has surged rapidly from April lows, breaking above both the 200-day EMA ($161.67) and approaching the 200-day SMA ($181.10), a key area that could determine the next major trend. SOL testing the 200-day MA | Source: SOLUSDT chart on TradingView


This zone acted as support and resistance multiple times in the past, particularly during Q4 2024 and early 2025. Now, as price returns to this range, it becomes a potential pivot point. If bulls can sustain pressure and close above $181.10 with volume confirmation, it may trigger a continuation toward $200 and possibly retest February highs above $260. However, failure to break above this range could prompt a rejection and consolidation below the 200 SMA. Related Reading Bitcoin Whale Entry Prices Diverge Sharply – Confidence Builds At Higher Levels 1 day ago


Volume has picked up significantly over the last few days, indicating rising interest and participation from traders. This is a constructive sign as Solana attempts to reclaim higher ground. For now, the trend remains bullish, but eyes are on the $180–$185 resistance zone to confirm whether SOL has the strength to continue its breakout or faces a short-term pullback.


Featured image from Dall-E, chart from TradingView

News Feed

Bitcoin mining difficulty hits lowest level since March as price tops $57K
Tristan Greene4 hours agoBitcoin mining difficulty hits lowest level since March as price tops $57KThe drop in mining difficulty should spell relief for the largest mining firms.3492 Total views33 Total sharesListen to a
Brayden Lindrea5 hours agoXRP spike on hoax filing a ‘bad look’ but won’t sway SEC’s ETF approvalsBloomberg ETF analyst Eric Balchunas doubts the SEC will deny ETFs after XRP’s price spiked on a faked BlackRock
Coinbase earnings suggest strong year ahead, though challenges abound
Sandeep Rao10 hours agoCoinbase earnings suggest strong year ahead, though challenges aboundCoinbase"s quarterly earnings report released last week indicated the company is well-positioned to tap into a number of growing
Buy a Dream House With Bitcoin In the Idyllic Caribbean Valley of Puerto Rico
Buy a Dream House With Bitcoin In the Idyllic Caribbean Valley of Puerto Rico sponsored At one point in every crypto enthusiast’s life he or she has envisioned buying their d
Tom Mitchelhill8 hours agoElon Musk’s X moves closer to crypto payments with new state licenseRegulators from Rhode Island have approved X’s application for a currency transmitter license.4207 Total views30 Total sha
Cointelegraph Research12 hours agoHow the spot Bitcoin ETF filings affected the crypto industry in June: ReportThe competition among zk-Rollup-based scaling solutions is tightening while the security tokens market contin
Savannah Fortis11 hours agoAI mentions skyrocket in major tech companies’ Q2 callsAs major tech companies race to develop and deploy high-level AI systems, mentions of the technology are skyrocketing in company calls.1
Runes and BRC-20s are just a stepping stone for Bitcoin DeFi
Zoltan Vardai10 hours agoRunes and BRC-20s are just a stepping stone for Bitcoin DeFiBitcoin is becoming a yield-generating asset, thanks to new token standards like Runes, which may only be a stepping stone for Bitcoin
Will GTA 6 Be Exclusive to the Rockstar Launcher?
Rockstar Games now has its own game launcher, joining companies like Epic Games and EA as they have storefronts too. Rockstar has been selling its hugely popular game, Grand Theft Auto 5, on storefronts such as Steam, bu
Craig Wright Submits List of Bitcoin Addresses to the Court – Roster Contains Spent Blocks
Craig Wright Submits List of Bitcoin Addresses to the Court - Roster Contains Spent BlocksOn May 21, 2020, the infamous Craig Wright, the man who claims to be Satoshi Nakamoto, subm
EURST Stablecoin – Reinvention of the European Economy
EURST Stablecoin – Reinvention of the European Economy Over the years, we have been introduced to a digital transformation, which has created and shaped commun
2 ‘Sleeping Bitcoin’ Block Rewards From 2010 Wake up After Sitting Idle for More Than a Decade
2 "Sleeping Bitcoin" Block Rewards From 2010 Wake up After Sitting Idle for More Than a Decade During the last week bitcoin’s USD value has shed close to 9% as it slipped fr