Since Nov. 14, 2025, Solana (SOL) has traded tightly under a key resistance, and analysts point to conditions that could push price toward $180–$190. Traders cite a high-time-frame cup and handle setup, steady ETF demand, and eased selling pressure as the main drivers.
The daily chart shows a rounded base and a handle capped near $145, with a measured breakout target around $180 to $190, according to chart data on TradingView. Breaks above $145 historically trigger follow-through rallies on similar setups.
SOL has reclaimed its 50-day moving average for the first time since late September 2025, signaling reduced downside momentum. Holding above this trendline has often marked shifts from correction into trending phases.
A liquidation map from CoinGlass shows cumulative long liquidations could exceed $1.0 billion on a roughly $15 drop toward $130, while short liquidations cluster near $160 and total about $520 million (Ed. note: large liquidations can sharply amplify price moves). These zones frame both risk and potential acceleration points.
Spot SOL ETF flows remain positive, with US spot products recording about $10.7 million in net inflows in the latest session, led by Bitwise’s BSOL with $8.6 million, per fund flow data on SosoValue. Year-to-date cumulative net inflows have risen from $1.02 billion to roughly $1.14 billion.
Crypto trader NekoZ, in a public post, wrote “The $SOL rounding bottom is painting a masterpiece. Massive breakout on the daily chart. While everyone was bearish at $120, the smart money was accumulating. Next stop: $190+. Don’t short a trend reversal this clean.” You can view the original post here.
