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<p><a href="https://captainaltcoin.com/we-asked-ai-to-predict-solana-sol-price-in-2025-2/" target="_blank" rel="noopener noreferrer nofollow">Solana (SOL) </a>is in a consolidation phase, according to an analysis by Cilinix Crypto. SOL’s price action has been confined to around $137-$140 on the lower end and $160 at the top.&nbsp;</p>
<p>Despite this sideways movement, the analyst maintains a cautiously optimistic outlook for SOL.</p>
<h2 class="wp-block-heading" id="strong-solana-s-suggests-potential-for-minor-bullish-breakout-strong"><strong>Solana’s Suggests Potential for Minor Bullish Breakout</strong></h2>
<p>The analysis highlights key support levels for Solana. The $140 mark has held firm, indicating a positive sign for the crypto. However, Cilinix Crypto does not anticipate a breakout beyond $162 without bullish momentum or a catalyst like an ETF application.</p>
<p>Momentum indicators show a slight increase in open interest and positive Cumulative Volume Delta. This suggests some buying pressure in the market. The analyst believes <a href="https://www.coingecko.com/en/coins/solana" target="_blank" rel="noopener noreferrer nofollow">Solana might see</a> a move up to $155-$160 but advises against buying at current levels.</p>
<h2 class="wp-block-heading" id="strong-strategic-considerations-for-traders-strong"><strong>Strategic Considerations for Traders</strong></h2>
<p>Cilinix Crypto recommends waiting for a clear break above $147-$148 before considering a position in Solana. This level needs to flip to establish a solid support base. The analyst emphasizes the importance of confirmation before taking any trading action.</p>
<p><em>“If you really want to trade that, I would wait for that level at $148-$147 to flip as well, because then you have a solid support,”</em> the analyst stated. This cautious approach reflects the current market sentiment surrounding Solana.</p>
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<p><strong><em>Read also: </em></strong><a href="https://captainaltcoin.com/heres-why-bitcoin-btc-price-could-struggle-in-september/" target="_blank" rel="noopener noreferrer nofollow"><strong><em>Here’s Why Bitcoin (BTC) Price Could Struggle In September</em></strong></a></p>
<h2 class="wp-block-heading" id="strong-solana-s-performance-against-bitcoin-strong"><strong>Solana’s Performance Against Bitcoin</strong></h2>
<p>The analysis notes that Solana is holding up relatively well against Bitcoin. This comparison provides additional context for SOL’s current market position. The analyst sees no immediate reason for a bearish breakout in this pairing.</p>
<p>While the technical structure supports a minor bullish breakout, a price surge seems unlikely without broader market improvements. Cilinix Crypto expects a continuation up to the top of the range but remains cautious about further upside potential.</p>
<p>The analyst concludes, “<em>Ultimately, I do expect that minor bullish breakout and the continuation up to the top of the range.”</em> This statement encapsulates the overall sentiment of cautious optimism surrounding Solana’s near-term price action.</p>
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<p>The post <a href="https://captainaltcoin.com/is-a-148-breakout-the-key-to-solanas-sol-next-price-uptick/" rel="noopener noreferrer nofollow">Is a $148 Breakout the Key to Solana’s (SOL) Next Price Uptick?</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

Is a $148 Breakout the Key to Solana’s (SOL) Next Price Uptick?

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