#SOLPriceAnalysis Breakout Confirmed, Momentum in Control

Solana (SOL) has delivered a clean technical breakout after compressing inside a descending structure. Price successfully reclaimed the trendline and is now holding above the $142–143 region, confirming a shift from corrective price action to bullish continuation.
From a structural perspective, the market has printed a higher low above $138.9, while dynamic support from the rising EMA (~$140.5) continues to guide price higher. This alignment between horizontal demand and moving-average support reflects strong buyer commitment rather than a speculative spike.
Momentum indicators reinforce this view. RSI is elevated (~73), signaling strong demand dominance. While short-term cooling is possible, the absence of bearish divergence suggests momentum remains constructive. Historically, such RSI behavior during breakouts often leads to range expansion rather than immediate reversals.
Key Levels
Support: $142.3 → $141.3 → $138.9
Resistance: $146.1 → $147.5 → $148.0
A decisive acceptance above $146 would likely trigger continuation toward the $147–148 liquidity zone. Failure to break higher should be viewed as consolidation, not weakness, as long as price holds above EMA support.
Conclusion:
SOL remains structurally bullish. The breakout is technically valid, momentum is aligned, and dips above support are corrective. Trend-following conditions remain favorable while price stays above the rising support framework.