Key Takeaways
Solana Breakpoint is just days away, and the market is already reacting.
With SOL breaking out from a key diagonal resistance and reclaiming support, traders are asking whether the upcoming conference, one of Solana’s most significant events of the year, could fuel a larger rally.
Solana has bounced off a key support level, but momentum indicators remain mixed.
Here’s what the charts reveal ahead of Solana Breakpoint 2025.
Solana’s Breakpoint conference is the biggest annual conference for Solana.
According to the webpage, it aims to “unite founders, developers and creators around the world to connect and discuss the latest web3 innovations, tools and trends”.
This year, it will be held from Dec. 11 to 13 in Abu Dhabi.
Some of the biggest speakers this year will be:
The SOL price has bounced slightly in the past two weeks, and it is hoping to maintain its momentum with the hype surrounding Solana Breakpoint.
Solana’s daily price action indicates a breakout from a diagonal resistance trendline.
Since the trend line had been in existence for 57 days, the breakout suggests that the correction is over.
The price movement since the breakout is also promising.

Even though SOL fell shortly after clearing the resistance, it confirmed it as support yesterday (green icon).
The bounce also aligns with the $130 support area, a level that has been in place since April.
So, traders are closely watching the bounce, since it has occurred at an ideal level for a temporary trend reversal.
Momentum indicators suggest that bulls are in control, although further confirmation is needed to confirm the reversal.
Based on these indicators, the most likely Solana prediction is a 12% price surge to $155.

However, the Solana price must close above this level for the indicators to turn bullish.
Until that happens, it is unclear if the long-term Solana prediction is bullish or bearish.
The daily chart offers hope for a bounce, and the weekly chart supports this view.
The long-term chart indicates that SOL has bounced at its long-term range low, which has remained in place for 18 months.
Because of the bounce, the Solana price could surge to the middle of the range at $180.

However, the long-term trend remains bearish.
The RSI is below 50, and the MACD is negative, clear signs that momentum favors the bears.
So, the charts suggest that an eventual breakdown below $120 will occur.
If that happens, the price of SOL will plummet below $100.
Solana’s breakout arrives at a perfect time, with Breakpoint 2025 set to drive attention and speculation across the ecosystem.
If SOL clears resistance at $155–$180, the conference could become the catalyst for a larger trend reversal.
However, until momentum indicators turn fully bullish, traders must remain cautious: a breakdown below $120 would invalidate the recovery and reopen the path toward sub-$100 prices.