$SOL channel breakout could lead to a rally toward $260

Solana has broken out of its recent downtrend on both the daily and 4-hour charts, showing clear signs of bullish strength. The price is pushing beyond its channel, and momentum suggests that the $200 liquidity zone is within reach.

If SOL can close above the $206 resistance, it could open the door for a rally toward $230–$260, revisiting the prime all-time high area. EMA structure is also supportive — the 21 EMA has crossed above the 50 EMA, while the 100 EMA has crossed over the 200 EMA, both reinforcing the bullish outlook.

With technical aligning and momentum building, Solana’s next move could be one of the most significant runs we’ve seen this year.