Key Takeaway:
After the increase to a six -month high of $ 209 last week, Solana (Sol) retreats almost 16% to low $ 175 on Tuesday. Sol prices have since rebuilt at the current level of $ 180, with many indicators suggesting that its upholding towards $ 260 remains intact.
Solana charts convert to $ 260 sol target price
Data from Cointelegraph Markets Pro and Tradingview Sol trading is shown within a bull flag in the sun -set time, as shown in the chart below.
A Bull flag is a pattern of bullish continuity in technical analysis, forming a falling channel triangle after a sharp price increase, signing of integration. It is usually resolved with an upward breakout, which continues the initial bullish trend.
The price is faced with the resistance from the upper flag border to $ 190. A day -by -day candle near the upper area will remove the path for Sol’s rise to the target of the bull flag at $ 258, representing a 41% increase from the current price.
Zooming out, Sol’s price action has taken care of a V-shaped recovery chart pattern in the weekly time frame since late 2025, as shown below.
A V-shaped recovery is a bullish pattern formed when an property experiences a sharp price increase following a steep decline. It is completed when the price moves to resistance to the top of the V formation, also known as neckline.
SOL appears to be in a similar trajectory, and the bulls will have to flip $ 200 back to support to increase the chances of rising prices to $ 220. Higher than that, the next logical move is the neckline to $ 260 to complete the Pattern shape V. This represents a 43% increase from the current price.
The KaMag -Kaba -child index -child -child has increased from 34 to 54 at the same time, suggesting that the bullish momentum continues to take.
The charts above also show that Sol traded mainly the major moving averages on both weekly and sun -day charts, suggesting areas of strong downside support. In the lower four hours of time, Altcoin sits above 100-day and 200-day SMA, strengthening Sol’s bullish case.
Related: Pump.Fun reclaim the Solana Top Spot as Memecoins Rebound in August
Solana analysts adhere to the sol price upside down is not finished
Many analysts also predicted additional gains for Sol, including technical analyst Jonathan Carter saying that an ascending pattern of the triangular project was a massive upward breakout.
“Solana re-retesting to the upper border of resistance after a previous fake out of the daily chart,” the analyst Says In an X post on Tuesday, adding:
“A confirmed bounce from this zone can verify the bullish structure and send the price towards targets at $ 205, $ 225, and $ 268.”
Sol Price formed a series of higher lows after recovered from the $ 124 level reached on June 22. The latest recovery from a linking line that connects to the higher lows it offers a “perfect bounce” that is set to push Sol to $ 295 all the time high, according to the Analyst King Analyst.
The $ Sol The chart is pure poem.
Perfectly bounce from Uptrend support, higher lows have confirmed.
No need to drop. Targeting ranges of ranges to $ 295. pic.twitter.com/prlu4r1cxm
– Crypto King (@Cryptok4Ever) August 19, 2025
Apart from the merchants, Multiple onchain metrics and indicatorsincluding defi dominance, growing fee and High transaction by transactionDemand in the network, strengthening the long -term trust of investors in Sol’s price.
This article does not contain investment advice or recommendations. Every transfer of investment and trading involves risk, and readers should conduct their own research when deciding.
