Why Solana’s $300 target hinges on breaking THIS resistance

Key Points

1. Solana rebounded sharply from the $156 support level, tracking Bitcoin and Ethereum’s upward momentum over the past five days.

2. The weekly price chart suggests Solana could rally to $300 after testing 2024 lows under $120, with resistance levels at $183, $200, and $225.

3. Despite a failed attempt to break the $200 resistance in February, Solana has since rallied 13.4%, supported by bullish trends in OBV and RSI indicators.

4. The $180 area has been a significant supply/demand zone in 2025, acting as both support and resistance at different times.

5. A move beyond $183 and $200 is likely in the coming weeks, provided Bitcoin and Ethereum do not experience a deep retracement.