{"id":31395,"date":"2026-08-10T14:25:35","date_gmt":"2026-08-10T13:25:35","guid":{"rendered":"https:\/\/investx.fr\/en\/2026\/08\/10\/solana-breakout-100-dollars-sol-bulls-key-resistance\/"},"modified":"2026-08-10T14:25:41","modified_gmt":"2026-08-10T13:25:41","slug":"solana-breakout-100-dollars-sol-bulls-key-resistance","status":"publish","type":"post","link":"https:\/\/investx.fr\/en\/crypto-news\/solana-breakout-100-dollars-sol-bulls-key-resistance\/","title":{"rendered":"Solana: Breakout Toward $100 in Sight \u2014 Can SOL Bulls Push Through Key Resistance?"},"content":{"rendered":"\n

Solana<\/strong> (SOL<\/strong>) is emerging from a prolonged consolidation phase and has reclaimed the $76<\/strong> level. The price is now pressing against the descending resistance<\/strong> of a symmetrical triangle<\/strong> that has been forming over several weeks, putting the $98\u2013$100 zone<\/strong> firmly back in traders’ crosshairs. The setup is critical: a confirmed breakout<\/strong> could trigger a major rally<\/strong>, while a rejection would send SOL back into a prolonged correction<\/strong>.<\/p>\n\n\n\n

Symmetrical Triangle: The Structure Dictating SOL’s Next Move<\/h2>\n\n\n\n

For several weeks, Solana<\/strong> has been trading inside a symmetrical triangle<\/strong> \u2014 a compression pattern that reflects a balance of power between buyers and sellers. Lower highs and higher lows are progressively squeezing the price, building up directional energy ready to be released.<\/p>\n\n\n\n

The recent reclaim of $76<\/strong> is a positive signal: SOL is now testing the triangle’s descending resistance<\/strong> line. This level is decisive. A daily candle close above this line, accompanied by rising volume<\/strong>, would validate the breakout<\/strong> and open the door toward the $98\u2013$100 zone<\/strong> \u2014 a major historical resistance area.<\/p>\n\n\n\n

The immediate support<\/strong> to watch sits around $76<\/strong>. Below that level, the triangle’s bullish structure weakens and exposes SOL<\/a> to a retracement<\/strong> toward lower consolidation zones. The validity of this setup therefore depends entirely on the ability of the bulls<\/strong> to hold this floor.<\/p>\n\n\n\n

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

RSI and MACD: Do the Indicators Confirm the Bullish Momentum?<\/h2>\n\n\n\n

On the technical indicator front, the RSI<\/strong> (Relative Strength Index) deserves close attention. An RSI climbing toward the 55\u201360 zone without reaching overbought<\/strong> territory would signal that the bullish momentum still has plenty of room to run before exhaustion sets in. Conversely, an RSI that stalls at this zone without breaking through would represent a short-term bearish<\/strong> signal.<\/p>\n\n\n\n

The MACD<\/strong> is the other indicator to watch closely. A bullish crossover<\/strong> of the MACD lines above the zero line would reinforce the breakout<\/strong> thesis and validate buying momentum. If the MACD remains in negative territory or begins showing a bearish divergence<\/strong> while the price tests resistance, the risk of a false breakout<\/strong> increases significantly.<\/p>\n\n\n\n

The convergence of these two indicators with the symmetrical triangle<\/strong> chart structure is essential. Without confirmation from the oscillators, any break above resistance remains fragile and risks trapping late buyers in a bull trap<\/a>.<\/p>\n\n\n\n

$100 or a Pullback: The Two Scenarios for Solana<\/h2>\n\n\n\n

Bullish scenario:<\/strong> SOL closes above the triangle’s descending resistance<\/strong> on significant volume<\/strong>. The breakout<\/strong> is confirmed and propels the price toward the $98\u2013$100 zone<\/strong> \u2014 a level that represents both a major structural resistance<\/strong> and a strong psychological target. A forceful break above this threshold could then reignite discussions around a return toward the ATH<\/strong> (All-Time High).<\/p>\n\n\n\n

Bearish scenario:<\/strong> The price fails to break through the triangle’s resistance and slides back below $76<\/strong>. This rejection would invalidate the bullish structure and trigger a correction<\/strong> toward lower support levels<\/strong>. Sellers would regain control, and market sentiment<\/a> around SOL would deteriorate quickly, pushing any hopes of a short-term rally<\/strong> further out of reach.<\/p>\n\n\n\n

The market is at an inflection point<\/strong>. The next daily close on SOL will be decisive in determining which of these two scenarios plays out and setting the trajectory for the weeks ahead.<\/p>\n\n\n\n

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