Solana (SOL) has had a remarkable performance, gaining 17% in the past week and an impressive 30% over the month. With this strong bullish momentum, speculation is pushing the question: How long will it take for Solana to reach the critical $200 mark?
Related: Solana Faces Challenges in Surpassing Ethereum
Solana’s Bullish Technical Structure Supports Further Gains
Solana’s current technical indicators paint a strong bullish picture. The cryptocurrency is trading firmly above the Ichimoku Cloud, a widely respected indicator of trend direction.
This position indicates that SOL maintains solid upward momentum, further supported by the Tenkan-sen and Kijun-sen lines. This bullish alignment suggests that the current trend remains intact, and any minor corrections are likely to be short-lived.
Additionally, the BBTrend indicator, which measures the strength of price momentum, has surged to 16.7. Such a high reading confirms a strong bullish phase with expanding volatility. This means that traders are actively driving the price upward, and the trend is unlikely to reverse immediately without significant selling pressure.
Key Resistance Levels to Watch for Solana
Solana is currently facing strong resistance around the $180.54 mark, a level that has capped its upward movement recently. A decisive breakout above this zone could open the door for SOL to test the $200 mark, with a potential upside to $205–$220.
On the downside, key support levels at $160.78 and $147.6 provide a safety net for traders, helping them manage risk if bearish pressure emerges.
How Soon Can Solana Hit $200? A Realistic Timeline
Given Solana’s robust technical outlook, a rally to $200 could occur within a few days if buying pressure persists. However, a more conservative estimate would be within two to three weeks, allowing for potential consolidation or brief corrections.
If bullish momentum accelerates, SOL could breach $200 faster. Conversely, any large-scale selling, especially from major holders like FTX/Alameda or Pump.fun, could slow progress.
Solana’s recent rally has positioned it as a strong contender for a move to $200. With a solid technical structure and growing momentum, the cryptocurrency has the potential to achieve this milestone in the short to medium term. Traders should closely watch the $180.54 resistance level for signs of a breakout, which could signal a swift climb to $200 and beyond.
