Solana price is hovering near the critical $140–$155 zone, with participants watching closely as a cup-like structure and whale activity hint at a potential breakout.
Solana price is trading near the $140–$145 region, and this calmer behavior is drawing attention. With SOL holding above its recent base and pressing into resistance, traders are closely watching to see whether this phase becomes a breakout or another pause within a wider range.
$155 Emerges as the Line Between Range and Expansion
One widely shared chart frames $155 as the final hurdle before momentum can truly expand. The structure resembles a broad cup formation, where Solana price has curved higher from the lows and is now pressing into resistance.
Solana compresses beneath the key $155 resistance, forming a cup-like structure as higher lows hint at breakout potential. Source: Crypto Chiefs via X
Crypto Chiefs highlights this area as the “short-term hurdle zone,” noting that a clean break above $155 would shift SOL out of its range and open the path towards $165 and beyond. Meanwhile, price is compressing beneath resistance while maintaining higher lows.
Medium-Term Structure Points Towards $170–$180
On a broader timeframe, Eco Nomad’s chart outlines a recovery path towards the $170–$175 region. That projection is not based on hype but on how Solana has historically respected its moving averages and trend bands.
Solana rotates back into its long-term trend structure, with moving averages guiding a potential recovery towards the $170–$180 zone. Source: Eco Nomad via X
The chart shows Solana price reclaiming the lower band and rotating back toward the mid-range of its long-term structure. If the same rhythm continues, the price could revisit the $170 zone before meeting heavier resistance near $180.
Whale Positioning Adds Fuel to the Narrative
Beyond charts, market behavior is also shifting. A recent post highlighted a major trader opening long positions across BTC, ETH, and SOL totaling nearly $850 million. While such activity is not a signal on its own, it reflects growing confidence in the broader market environment.
A major trader deploys nearly $850M in long positions across BTC, ETH, and SOL. Source: Ash Crypto via X
Ash Crypto pointed out that this kind of positioning often appears near key turning points, especially when it aligns with improving technical structure. Solana being part of that exposure reinforces the idea that larger players are not treating this move as a dead-cat bounce.
Long-Term Accumulation Frames the Bigger Picture
Zooming out, a long-term chart shows Solana price spending nearly two years in accumulation. Price has moved sideways across wide ranges, forming a broad base rather than a sharp distribution top.
Solana spends nearly two years building a broad accumulation base, suggesting structural strength rather than distribution. Source: Immortal via X
Immortal’s chart visualizes this clearly: SOL has been building structure through time, not collapsing through it. Historically, extended accumulation phases tend to precede expansion cycles.
Final Thoughts: Can Solana Price Hit $180 in January?
For Solana price to even think about $180, it first has to reclaim the $150–$155 zone. That area has acted as a ceiling for weeks, rejecting every upside attempt. As long as price stays below it, the market remains in a range. A clean break and hold above $150 would open the door towards $165–$170, where the next major resistance sits. Following that, the next key level to target is the $180.
Solana current price is $142.39, down -2.71% in the last 24 hours. Source: Brave New Coin
Right now, SOL is still stuck between support near $138–$140 and resistance around $150. This keeps the structure neutral. Bulls need a clear shift in behavior, strong closes above resistance, not just intraday spikes.