Solana’s price action is showing encouraging signals for a potential breakout above the $260 barrier, but analysts warn that achieving this target hinges on key technical milestones. The current bullish pattern is represented by a classic bull flag formation, with an immediate resistance level at $180. A daily close above this level is critical to validate the breakout and fuel further gains. While the price has reached a new all-time high of around $182.93, analysts are hesitant without volume confirmation.** The current market landscape suggests potential for capital rotation into altcoins like Solana with Bitcoin (BTC) reaching near its record highs. However, a lack of trading volume during this consolidation phase may stall the breakout if buyers don’t emerge. Analysts suggest a close observation of Solana’s price action and technical indicators to determine the path forward.** Experts highlight the potential for further upside with price fractals and hidden bullish divergences suggesting targets around $260-$450 in the coming months.