Solana - The future is clear!
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Analysis summary:
Solana is currently trading at the exact same level as it was about four years ago. In the meantime we witnessed crazy corrections and parabolic rallies, leading to another all time high retest. Quite likely therefore that Solana will break the previous all time high in the near future.
Levels to watch:
$250
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This chart really shows the power of higher-timeframe structures. SOL has respected its monthly support trendline even during the massive correction of 2022–23, and every retest has been met with strong reversals. The current consolidation right under horizontal resistance, combined with the parabolic rally trendline, creates a textbook setup: confluence of support + breakout potential. If SOL clears ATH convincingly, the macro picture suggests room for exponential upside, especially with fundamentals (DeFi, NFTs, Firedancer) lining up. This is exactly how long-term accumulation zones turn into breakout expansions.
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I like how this chart highlights the “rhythm” of Solana’s cycles: parabolic rally → sharp correction → recovery → tightening consolidation. Each time the support trendline has acted as a reset level for the next move. Right now, SOL is squeezing between horizontal resistance and that same trendline — and historically, this kind of setup doesn’t last long. Either we get a rejection back into range, or we break ATH and open the door to much higher valuations. With volume and ecosystem growth picking up, the breakout case looks stronger than the breakdown. Key zone to watch = ATH retest with confluence of support.