{"content":"Solana Pulls Back 📉 Healthy Dip or Start of Bigger Correction? ⚡ Above $232, Solana rose again. SOL price is reversing gains below $240 and may rise again if it remains above $20. SOL price rose over $232 and $240 versus the US Dollar. The price is below $240 and the 100-hourly SMA. SOL/USD broke below a positive trend line with support at $242 on the hourly chart. If it falls below $230, losses may continue. Solana Falls Below Support After finding support at $212, Solana price rose, outperforming Bitcoin and Ethereum. SOL entered a short-term bullish zone over $232. The price broke $240 resistance. Price broke $245 thanks to bulls. The price just retreated from its $250 high. The upward rise from the $200 swing low to the $250 high fell below the 23.6% Fib retracement line. Additionally, the hourly SOL/USD chart broke below a positive trend line with support at $242. Solana is below $240 and the 100-hour SMA. The price faces upward resistance at $238. Near $240 is the next significant resistance. The $245 resistance may be key. Close above $245 barrier might start another steady rise. The next major resistance is $255. More advances might push the price toward $262. More SOL losses? SOL might tumble again if it fails to break $240 resistance. Near $232 is first downside support. The first key support is $230, the 50% Fib retracement level of the upward run from $200 swing low to $250 high. A breach below $230 might drive pricing to $224. If the price closes below $224, it may fall below $220. 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: $230, $224. Two major resistance levels: $240 and $245. #FedRateCutExpectations #solana #SummerOfSolana? #AltcoinSeasonComing? $SOL $BTC ","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025092025/09/16/340b5f7e074f430fbbe2db167020f3ae.png"],"tags":[],"tradingPairs":["BTC/USDT"],"quotearticleid":0}