TLDR:Solana (SOL) breaks above multi-week downtrend, retests $152.81 as new support level.RSI at 60.34 suggests rising bullish momentum with room before overbought levels.Resistance at $159.95 and $164.54 could trigger move to $180 if cleared.Analysts highlight cautious optimism as macro events may impact short-term moves.Solana (SOL) has confirmed a breakout from a multi-week descending trend, sparking optimism among traders eyeing higher targets. After consolidating below key resistance levels, SOL climbed above a crucial trendline. Technical indicators now support a shift in market sentiment as momentum continues to rise. Analysts suggest this breakout could mark the beginning of a fresh upward leg if key levels hold. However, short-term caution remains due to broader market volatility.Solana Breakout Above Descending Channel Validates Bullish ShiftRecent chart analysis shows that SOL traded within a well-defined descending channel for several weeks. The price consistently formed lower highs and lower lows within this bearish structure. According to analyst Jeremy, SOL has now broken through the upper boundary of this channel.$SOL is finally breaking out from this downtrend consolidation Hopefully trump and elon don't start fighting again so we can actually climb higher 1 $SOL = $300 is just a matter of time pic.twitter.com/JYeJ4Ts07z— Jeremy (@Jeremyybtc) June 9, 2025The breakout coincided with a move above the $152.81 resistance level. Price action has since retested this level, which may now serve as support. This shift suggests the bearish trend has weakened, creating room for further upward momentum if buying pressure holds.Following the breakout, SOL tested the $159.95 resistance level but saw a slight pullback. The intraday high reached $156.49 before settling slightly lower, as per CoinGecko data. At press time, SOL trades at $155.31, showing a 2.96% increase in 24 hours and 1.34% over the past week.Solana price on CoinGeckoImmediate resistance remains at $159.95, followed by $164.54. Should SOL close above these levels, the next upside target could be $180.86. Analysts emphasize the importance of holding $152.81 to maintain bullish momentum in the near term.RSI Momentum Confirms Strength Behind SOL Price BreakoutTechnical indicators show the Relative Strength Index (RSI) has surged to 60.34, confirming increasing bullish momentum. Since RSI has not yet reached overbought levels, there is still room for further upward price actionAnalysts interpret the RSI spike as a sign that the breakout is backed by actual market strength rather than short-term volatility. This reinforces confidence in the breakout’s validity, especially if supported by continued volume.Jeremy linked his analysis to broader market sentiment, humorously cautioning against macro news disruptions involving public figures. Similarly, Lana Queen (@Lana_Queen7) noted that SOL is approaching the $156.50 level on the 1-hour chart, a critical area to clear for a potential rally toward $180. SOLANA TO BREAK DOWNTREND $SOL is sitting at the downtrend resistence on a 1 Hour chart As soon as we break it (currently ~ $156,50) we fly to $180!Send it pic.twitter.com/He6iwcFZay— Lana Queen (@Lana_Queen7) June 9, 2025While Solana’s structure has turned bullish, analysts remain cautious. Events outside the crypto market could affect short-term trends. Still, if SOL holds above $152.81 and breaks past $159.95, technical patterns support a move toward $180 in the coming days, with Jeremy’s $300 target also a possibility. The post Solana Bulls Take Control: SOL Price Eyes Move to $180 and Beyond appeared first on Blockonomi.