Solana Falls Under $200 😬 — More Pain Ahead if Support Fail
koinmilyoner
Updated at: 13 hours ago
{"content":"Solana Falls Under $200 😬 — More Pain Ahead if Support Fails
Solana fell below $200. SOL is below $200 and might go below $192.
SOL began a decline below $200 vs the USD.
The price is below $198 and the 100-hourly SMA.
SOL/USD broke below a positive trend line with support around $198 on the hourly chart. 
If it falls below $192, losses may continue.
Price of Solana Corrects Gains
After breaking $192, Solana price rose, beating Bitcoin and Ethereum. SOL entered a short-term bullish zone over $198.
The price broke $200 barrier. Price just retreated from a $205 peak. The ascending wave from the $177 swing low to the $205 high fell below the 23.6% Fib retracement line.
In addition, the hourly SOL/USD chart broke below a positive trend line with support at $198. Solana is below $198 and the 100-hour SMA.
The stock faces upward resistance at $198. Near $200 is the next significant resistance. The major obstacle may be $205. Close over the $205 barrier zone might start another sustained rise. The next major resistance is $212. More advances might push the price toward $220.
More #sol  losses?
SOL may tumble again if it fails to break $200. Initial downside support is approaching $192 and the 50% Fib retracement level of the ascending wave from $177 swing low to $205 high. 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 to $166.
Major Support Levels: $192, $188.
Two major resistance levels: $200 and $205. 
#MarketPullback #AltcoinETFsLaunch #WriteToEarnUpgrade $SOL ","images":["https://d35imkjvkj28kt.cloudfront.net/uploadfile/article/blog/2025102025/10/29/ad04bed76e4f4341ac9bcf1c18f9c914.png"],"tags":[],"tradingPairs":["SOL/USDT"],"quotearticleid":0}