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⚡ Solana Holds the Line — Is a Breakout Rally on the Horizon

koinmilyoner

Updated at: 4 hours ago

{"content":"⚡ Solana Holds the Line — Is a Breakout Rally on the Horizon? Above $185, Solana rose again. SOL price is stabilizing at $190 and may rise above $200. SOL price rose over $185 and $192 vs the US Dollar. The price is over $190 and the 100-hourly SMA. SOL/USD broke below a positive trend line with support at $202 on the hourly chart. This pair might continue gains if it breaks $198 resistance. Price of Solana to Rise Solana price rose after finding support at $185, like Bitcoin and Ethereum. SOL entered a short-term bullish zone over $192. The price broke $200 barrier. Bulls took the price over $202. The price recently retreated gains below the 23.6% Fib retracement line of the upward run from the $174 swing low to the $210 high. SOL/USD broke below a positive trend line with support at $202 on the hourly chart. However, bulls were active at $188 and the 61.8% Fib retracement line of the $174 swing low to $210 high upward advance. Above $190 and the 100-hourly simple moving average, Solana trades. The stock faces upward resistance at $198. Near $200 is the next significant resistance. The major obstacle may be $202. Close above $202 barrier might start another steady rise. The next major resistance is $210. More advances might push the price toward $220. Another SOL Drop? SOL may tumble again if it fails to break $200. Near $192 is first downside support. Near $188 is the first big support. Breach below $188 might drive price below $180 support. If the price closes below $180, it may fall below $175. Tech Indicators Hourly MACD - SOL/USD MACD is falling in the positive zone. Hourly RSI – RSI for SOL/USD is below 50. Major Support Levels: $192, $188. Two major resistance levels: $200 and $210. #solana #MarketTurbulence #CPIWatch $SOL ","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025082025/08/15/1eb70545a7bf4d77b1b8cacd94228825.png"],"tags":[],"tradingPairs":["SOL/USDT"],"quotearticleid":0}

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