Solana: Breakout Holds — But Bulls Still Have Work to DoSOL / TetherUSBINANCE:SOLUSDTDukesMarketAnalysisAscending Triangle Breakout Solana has broken decisively out of its ascending triangle, with the move also clearing the important $82 structure that had repeatedly capped price. This is a meaningful improvement in the weekly chart. Bulls Run Into Familiar Resistance The rally has driven SOL straight into the significant $98 resistance zone, with price recently spiking as high as $103.08. This area has previously attracted sellers and remains the immediate test. Momentum Backs the Move RSI has reclaimed 50, supporting the improving bullish picture. StochRSI is now overbought, however, so some consolidation around current levels would hardly be surprising. Bullish Structure Taking Shape The June low at $60.13 was followed by higher lows at $64.04 and $70.58. That developing sequence gives the recovery considerably more structural weight than a simple short-term bounce. What Comes Next? A convincing break above the current resistance would open the door towards the next major area around $117 and above. On the downside, losing the $70.58 swing low would seriously weaken the bullish reversal. In Summary Solana’s weekly picture has improved considerably after breaking out of its ascending triangle and clearing the stubborn $82 structure. Bulls are now battling the significant $98 resistance zone, where sellers have already shown some interest. The developing sequence of higher lows and improving RSI are encouraging, but this resistance still needs to be overcome. A convincing breakout would strengthen the bullish case considerably and bring the next major resistance around $117 back into focus.