{"content":"Solana on the Rise 🚀 – Bulls Target Next Key Level With Strong Volume Above $245, Solana rose again. SOL is reversing gains and may bid at $242 or $240. SOL price rose over $242 and $245 versus the US Dollar. The price is over $240 and the 100-hourly SMA. SOL/USD broke over a negative trend line with resistance at $240 on the hourly chart. If it falls below $240, losses may continue. Price of Solana Corrects Gains After settling over $232, Solana price rose, beating Bitcoin and Ethereum. SOL entered a short-term bullish zone over $240. SOL/USD broke over a negative trend line with resistance at $240 on the hourly chart. The price broke $245 resistance. Price broke $250 thanks to bulls. The price just retreated from its $253 peak. The ascending wave from $232 swing low to $253 high fell below the 23.6% Fib retracement line. Bulls were aggressive over $242. Above $242 and the 100-hourly simple moving average, Solana trades. The price faces upward resistance at $248. Around $254 is the next significant resistance. The major obstacle may be $255. Close over the $255 barrier zone might start another steady rise. The next hurdle is $268. More advances might push the price toward $272. More SOL losses? SOL might tumble again if it fails to break $248 barrier. Initial downside support is approaching $242 and the 50% Fib retracement level of the ascending wave from $232 swing low to $253 high. First significant support is around $240. A breach below $240 might drive pricing to $232. If the price closes below $232, 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: $242, $240. Two major resistance levels: $248 and $255. #solana #AltcoinSeasonComing? #FedRateCut25bps #BitcoinETFMajorInflows #Write2Earn $SOL $XRP $BNB ","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025092025/09/19/58593166e0df4cb48c4cb69e4cfc447f.png"],"tags":[],"tradingPairs":["ETH/USDT"],"quotearticleid":0}