Sol Chart Shows ‘masterpiece’ Setup To $190 After Key Trend Turns... (2026)

Steady ETF inflows, a bullish cup and handle chart pattern and improving sentiment across the total crypto market could propel Solana price to $190.

Solana (SOL) is getting more attention from traders now that its price structure is tightening beneath a key resistance zone. After months of consolidation, analysts suggest the altcoin may be preparing for a decisive trend break.

Solana has formed a high-time-frame cup and handle pattern, with a breakout target around $180 to $190.

SOL has reclaimed and held above its 50-day moving average for the first time since September 2025.

Spot SOL ETF inflows remain consistently positive in 2026, reinforcing demand despite near-term liquidation risks.

Since November 14, 2025, Solana has consolidated in a tight $120 to $145 range, carving out a cup and handle pattern on the daily chart. On higher time frames, this formation is widely viewed as a continuation signal, reflecting gradual accumulation followed by a controlled pullback that compresses volatility before expansion.

The $145 resistance has capped SOL rallies four times over the past three months, increasing the likelihood that a break above it could trigger a follow-through rally. A confirmed breakout from the pattern could fast-track SOL toward its immediate measured target near $180, roughly a 25% upside from current levels.

Adding to the bullish case, SOL has reclaimed its 50-day moving average and sustained acceptance above it for the first time since late September 2025. Historically, holding above this trendline has marked transitions from corrective phases into trending markets, suggesting sellers are losing control of the broader structure.

Crypto trader NekoZ also noted the bullish setup and said,

Related: Solana Policy Institute urges SEC to exempt DeFi developers from exchange rules

Source: CoinTelegraph