Solana – Saucer Pattern & Key Resistance in Focus

Solana is starting to stand out with notable relative strength versus both Bitcoin and Ethereum, and it's catching my attention this week.

✅ Key Support Holding:
Price recently held firm at the $185–$190 support zone, bouncing with strength and attempting to establish a higher low. If this level holds, it would further confirm the uptrend in place since April.

📉 Corrective Phase Since September:
Despite the pullback, the larger trend structure remains bullish. A break above the September high is still needed to confirm trend continuation.

🔵 Multi-Month Saucer Formation:
A rounded base is developing on the daily chart—a classic saucer bottom. If confirmed, this pattern points to major upside potential, with a projected move possibly targeting $500 over time.

⚠️ Watch This Zone Closely:
The $250–$260 resistance area is the key overhead level to clear. A decisive breakout here could trigger a strong rally and confirm the saucer breakout.

📌 Summary:
Solana is showing resilience, building a bullish structure, and forming a significant base. If momentum builds above $260, bulls may take control in a big way.