Solana Price: Is $180 the Next Step After a Strong Rebound?

Solana (SOL) is currently holding its ground around $145, with analysts closely watching for signs of a breakout toward the $180 level. Despite short-term consolidation and bearish signals, a cup-and-handle formation on the weekly chart suggests Solana could experience significant growth in the coming weeks. After recovering from near lows around $95, SOL surged to over $157 before encountering a slight pullback influenced by broader market trends. The token’s current price is now fluctuating between $145-$155, but there are signs of lingering buyer interest indicated by the recent minor lower wick on the latest 4-hour candle.