Solana (SOL) retests crucial breakout level around $160–$165, setting up potential run toward $240 and $320 targets.

Solana just broke out of a major descending trendline and is now retesting that breakout zone around $160–$165. Trading at $163.40 with a 5.12% daily dip, this pullback might be exactly what bulls needed to see.

SOL Targets: $180, Then $240 and $320

First target is $180 resistance. If SOL clears that with volume, the path opens to $240 and potentially $320.

As long as SOL holds above trendline support, momentum should build. A convincing break above $180 could trigger an explosive next leg up.

SOL Retest Shows Classic Breakout Pattern

SOL smashed through its long-term trendline and is now testing former resistance as new support. The combination of a falling wedge breakout, decent volume, and a bounce at the right level makes this look pretty solid.

Despite the 5% drop, SOL is holding above the key trendline. If it stays above $160-$165, that confirms the breakout is real – classic bullish signal.