Solana Price at $116: Breakout Launchpad… or Breakdown Before the Next Leg?

After weeks of persistent selling pressure and failed recovery attempts, Solana holders are once again staring at a brutal question: Is this consolidation the final reset before a powerful breakout in Solana price or just the pause before another downside flush?

When spot and futures demand align like this near key support, the market is often coiling for a decisive move.

The Levels That Decide the Outcome

If buyers defend current levels:

First upside SOL/USD target: $135, where short-term resistance and EMA pressure converge

Breakout confirmation: $150–$180, aligned with heavy on-chain accumulation zones

If support gives way:

Immediate downside risk: $104, a prior weekly demand shelf

Deeper breakdown zone: $88–$95, the last structural base before the 2024 expansion leg

Based on the present SOL price prediction outlook it suggests, there’s little room left for sideways drift only, when this get’s passed it will choose direction.

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