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09/10 15:31

Solana Price Builds Pressure Toward $400 Breakout

Solana Price Builds Pressure Toward $400 Breakout

The Solana price chart shows that SOL has successfully broken out of a symmetrical triangle, marking a clear bullish shift. The Solana current trading value sits around $219, establishing a strong foundation after the breakout. 

The immediate test lies at the $261 resistance, which has been a key barrier through several retests. A close above this threshold could open the path toward the $300 region, where sellers are likely to re-emerge. 

If bulls extend the rally beyond that level, the structure suggests a decisive run toward $400 is achievable. Higher lows and increasing accumulation support an expanding bullish cycle, reinforcing the long-term SOL price prediction. 

Moreover, the price structure shows reduced downside risk, with $200 acting as a reliable support zone. MACD and moving average alignments confirm that momentum is tilting toward buyers, reinforcing the probability of sustained continuation. 

Historical behavior around such breakouts also indicates that once resistance levels are cleared, Solana price often rallies aggressively. With the triangle breakout now validated, the path toward $400 appears more realistic than speculative.

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