Solana is showing a strong bullish signal with an inverse head and shoulders pattern. This suggests potential price targets of $195, $211 and $278, with a breakout from the current falling wedge near the $145 level likely to unlock significant gains exceeding 90%. The pattern’s formation over several months has shown a bottoming trend from February to May 2025 before forming the head and shoulders structure. If the price breaks out above the upper trendline of the wedge, it would confirm an upward move towards $195, followed by a potential peak at $278. This target aligns with past support now acting as resistance. The formation also shows increasing buying pressure near the bottom of the right shoulder, adding weight to the bullish thesis. If volume expands alongside price crossing $195, the breakout could gain further momentum.