Peter Smith
Solana has been quietly building strength while other cryptos struggle to find direction. Now trading above the psychologically important $200 level, SOL is catching the attention of traders who've been waiting for the next big move. When respected analyst speaks, the crypto community listens—and his latest call has everyone talking about a potential moonshot to $360.
Solana (SOL) Price Gains Momentum
SOL isn't just holding above $200—it's showing the kind of technical setup that gets traders excited. Currently sitting at $207.52 with a solid 3.41% gain, the token has broken out of a lengthy consolidation phase that had many wondering if the rally was over.
@ali_charts sees something different. His analysis suggests this breakout is just the beginning, with Solana potentially heading toward $360 if the current momentum holds. That's not just wishful thinking—it's based on chart patterns that have played out before in crypto's most explosive rallies.
Key Levels for SOL Price to Watch
The technicals tell a compelling story. Solana faces its first real test around $206-210, but if it powers through, the next stops are clear: $250.26, $277.18, and $320.99 based on Fibonacci extensions. Each level represents a stepping stone toward that ambitious $360 target.
But here's the thing about crypto rallies—they often move faster than anyone expects. Once SOL clears $250, it could trigger FOMO buying that sends it racing toward those higher levels.
The safety net? That crucial $176-185 support zone. As long as Solana holds above this range, the bulls remain in control. Drop below it, and this whole setup could unravel quickly.
Market Sentiment on Solana (SOL) Price
The fundamentals are backing up the technicals. Solana isn't just another speculative play—it's got real utility driving demand. DeFi protocols are thriving on the network, NFT activity remains strong, and institutional money keeps flowing in.
That $250 level isn't just a technical milestone—it's a psychological one. Break above it, and you'll likely see retail investors who've been sitting on the sidelines start jumping in. That's when price targets that seemed impossible start looking inevitable.
Peter Smith
