Solana (SOL) is currently hovering around $182, showing a modest daily rise and retaining a 4% week-over-week gain. Daily trading volume has reached $5.22 billion. On charts, Solana’s price action displays an ascending triangle pattern, with the asset testing resistance at $185-$190 several times since its last false breakout attempt. A confirmed break above this zone could validate the pattern and propel prices toward targets of $205, $225, and $268. However, the current resistance levels are key. 1. The upper boundary is holding steady at $185-$190 while a breakout above this level would set up further gains. Conversely, if Solana struggles to break through, we could see price retreat towards support zones at around $165, alongside the 100-day moving average (MA100). 2. A confirmed push above the resistance would strengthen the ascending trendline structure. 3. The RSI currently sits in a neutral range and the volume data continues to show stronger activity during upward price movements, suggesting more upside potential. 4. On-chain data shows Solana’s Spent Output Profit Ratio (SOPR) is at 0.9988, indicating minimal profit-taking despite recent price rallies, and suggests consolidation around break-even levels with a slight hint of weakness among buyers due to recent high prices.