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Breakout Watch: Solana Stays Strong as Bulls Target New High

Stevie_Dennis

Updated at: 3 hours ago

{"content":"Breakout Watch: Solana Stays Strong as Bulls Target New Highs Above $188, Solana rose again. SOL price is stabilizing over $200 and may rise beyond $212. SOL price rose over $192 and $202 vs the US Dollar. The price is over $200 and the 100-hourly SMA. The hourly SOL/USD chart shows a rising channel with support at $205. The pair might continue advances if it breaks $212 resistance. Solana Price Wants More Gains Unlike Bitcoin and Ethereum, Solana price rose after finding support at $188. SOL entered a short-term bullish zone above $195. The price broke $202 resistance. Bulls broke $208. Price is consolidating gains above the 23.6% Fib retracement line of the upward run from the $177 swing low to the $213 high. Above $200 and the 100-hourly simple moving average, Solana trades. The hourly SOL/USD chart shows a rising channel with support at $205. The price faces upward resistance at $212. Near $215 is the next significant resistance. Main resistance may be $220. Close above the $220 barrier zone might start another steady rise. The next hurdle is $225. More advances might push the price beyond $232. SOL downside correction? SOL might tumble again if it fails to break $212 barrier. At $205, downside support begins. Near $202 is the first big support. If the price breaks $202, it may fall to the $195 support zone and 50% Fib retracement level of the upward run from the $177 swing low to the $213 high. If the price closes below $195, it may fall to $188. Tech Indicators SOL/USD hourly MACD is rising in the positive zone. Hourly RSI – RSI for SOL/USD is over 50. Major Support Levels: $205 and $195. Two major resistance levels: $212 and $215. #solana #sol #Write2Earn $SOL ","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025082025/08/25/bc8fd1ff3bd846a9afa62757f2c0976c.png"],"tags":[],"tradingPairs":["SOL/USDT"],"quotearticleid":0}

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