Usman Salis
The chart shows SOL trading within a textbook falling wedge — a structure defined by converging lower highs and lower lows. This pattern reflects a controlled downtrend where selling pressure gradually weakens over time, compressing price into a tighter range before an eventual resolution.
Crypto analyst Don flagged the setup, noting that the breakout above the wedge's upper boundary puts $96 directly in focus as the next upside target. The move interrupts the established sequence of lower highs, which is typically the first sign that bearish momentum is beginning to fade.
The breakout interrupts the sequence of lower highs — often the first indication that bearish momentum is fading.
Why $96 Is Now the Key SOL Price Target
Following the breakout, $96 emerges as the primary objective. This level aligns with a projected move based on the wedge structure itself and sits near a previous reaction area where price ran into meaningful resistance.
Solana Breakout Targets $98-$103 Before Pullback — a similar pattern played out not long ago, where wedge breakouts triggered short-term upside moves before price needed time to consolidate.
Whether SOL reaches that target depends on one thing: holding ground above the former wedge resistance. A drop back below that level would weaken the setup considerably and put the bullish signal in question.
Failure to hold above the breakout zone could weaken the setup and invalidate the bullish signal entirely.
SOL Shifts From Lower Highs Toward Early Recovery
Before the breakout, price was consistently printing lower highs inside the wedge — a textbook downtrend in motion. The recent push above descending resistance challenges that structure directly.
That said, this is still an early-stage breakout rather than a confirmed trend reversal. The broader structure has not fully flipped yet. Solana Eyes $133 Breakout After Falling Wedge Pattern — previous setups like this required patience, as price often needs to stabilize above the breakout zone before continuation becomes viable.
Right now, SOL appears to be doing exactly that — attempting to build a base above nearby support after clearing the wedge.
Momentum Is the Only Thing That Matters Now
A breakout on its own does not guarantee follow-through. What determines the outcome is whether SOL can form higher lows above the breakout level and sustain upward pressure over the sessions ahead.
Solana Price Analysis: $224 Resistance or $232 Breakout? — in past cycles, Solana has shown the ability to accelerate quickly once key levels are defended, but false breakouts remain a real risk when volume and momentum fail to confirm the move.
If buyers stay in control, the path toward $96 opens up. If not, the breakout risks fading — a common outcome when the initial move lacks the conviction to sustain itself.
If momentum continues, the move toward $96 becomes more likely. If not, the breakout risks turning into a false move.
Solana has delivered a clean technical signal. The next chapter depends entirely on whether buyers can hold their ground above the breakout zone and build from there.
Usman Salis
