Solana (SOL) price prediction: Aiming to break through the 188 dollar resistance zone, or may further test 200 dollars.

Solana (SOL) has started a new round of pump after pulling back to the $175 support, and the current price has held above $182, breaking through a key trend line. If it can successfully break through the $188 resistance zone, SOL may further explore $192 or even $200. If the breakout fails, it may still pull back to the $180 or even $175 support zone in the short term.

Solana price holds above and rebounds Solana continued its downward trend after breaking below $188, with a minimum pullback to the $175 area. Subsequently, the SOL price rebounded, successfully breaking through the $180 and $182 resistance levels, and surpassing the descending trend line connecting $183. Currently, the SOL trading price is above $182, while holding above the 100-hour moving average, indicating a strengthening of short-term bullish momentum.

Key Resistance and Pump Potential Currently, the SOL price is facing a resistance level of $188. If it breaks through, the coin price will encounter the next important resistance at $192, corresponding to the 50% Fibonacci retracement level of the previous drop from $210 high to $175 low. If it continues to break through $195 and closes above, bulls are expected to push the price up to the $200 mark, potentially further challenging $210.

Pullback Risks and Key Support If SOL fails to break through the $188 resistance area, the price may decline again. The initial support is located at $184, with the main support in the $180 area. If it breaks below $180, SOL may pull back to $175, or even further drop to the $166 support level.

Technical Indicator Observation

(Source: TradingView)

MACD: The MACD for SOL/USD is accelerating into the bullish zone. RSI: The hourly RSI remains above 50, indicating that buying support is still present. Main support levels: $180 and $175 Main resistance levels: $188 and $192

Conclusion The current Solana price trend shows that market buying is recovering, and bulls are attempting to break through the key resistance zone. If it can hold above $188 and move towards $192-$200, SOL will enter an upward trend again. In the short term, crypto investors should pay attention to the key price range of $180 and $188 to grasp the next trend.

SOL2.46%
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