{"id":25724,"date":"2026-01-13T11:23:06","date_gmt":"2026-01-13T11:23:06","guid":{"rendered":"https:\/\/investx.fr\/en\/?p=25724"},"modified":"2026-01-13T11:23:08","modified_gmt":"2026-01-13T11:23:08","slug":"solana-technical-analysis-sol-170","status":"publish","type":"post","link":"https:\/\/investx.fr\/en\/crypto-news\/solana-technical-analysis-sol-170\/","title":{"rendered":"Solana technical analysis: Will SOL surge to $170?"},"content":{"rendered":"\n

Do the Technical Signals Validate the Breakout?<\/h2>\n\n\n\n

Solana<\/a><\/strong> has just broken out of a descending channel that had constrained its price for several months, a technical signal that radically changes the market narrative. Currently trading around $140<\/strong>, the SOL token is testing sellers’ resilience. The MACD<\/strong> indicator has turned green, confirming that momentum has clearly shifted to the buyers’ camp.<\/p>\n\n\n\n

However, a divergence calls for caution. While the price is climbing, on-chain data reveals that new wallet creation has plummeted, dropping from 30 million<\/strong> in November to approximately 7 million<\/strong> recently. This rally therefore appears to be driven by speculation<\/strong> from existing traders<\/strong> rather than new organic adoption. The $145<\/strong> level is acting as an immediate glass ceiling: a firm close above is imperative to validate the trend.<\/p>\n\n\n\n

Short Squeeze Ahead: $170 in Sight?<\/h2>\n\n\n\n

The market is showing signs of nervousness among bears. Recent data indicates that liquidations of short positions (approximately $7.24 million<\/strong>) far exceed those of longs. This potential short squeeze<\/strong> dynamic could act as explosive fuel.<\/p>\n\n\n\n

\"Solana<\/figure>\n\n\n\n

Indeed, the probability of a return to the zone between $154 and $170<\/strong> in the coming weeks is much higher than for the opposite scenario.<\/p>\n\n\n\n

The general sentiment, shared by the crowd and smart money, remains predominantly bullish<\/strong>. Traders seem ready to front-run the breakout, anticipating an acceleration in volatility. However, as long as the price remains below this key threshold, the risk of a rejection towards the $130 accumulation zone cannot be ruled out. Volumes will need to follow through to confirm that this move is not just a flash in the pan.<\/p>\n\n\n\n

Solana’s<\/a> market structure is at an inflection point. With buyers aggressively defending the lows and selling pressure exhausting itself, the probabilities lean towards a bullish breakout. If the breakout<\/strong> above $145 is confirmed with volume, SOL could quickly outperform the rest of the altcoin market. Traders must now monitor the price reaction at this pivot level: an explosion above could mark the beginning of a new bullish cycle towards $170.<\/p>\n\n\n\n

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