Solana (SOL) Shows Strong Bullish Momentum – Will $200 Be the Next Target?🚀
Pair: SOL/USDT
Timeframe: 4-Hour Chart
Current Price: $186.02
24h High: $186.57
24h Low: $176.94
24h Volume: 3.86M SOL
1. Technical Indicators:
Moving Averages:
MA(7): $181.17 – SOL is clearly above this short-term level, showing short-term momentum.
MA(25): $172.59 – Acting as a solid dynamic support.
MA(99): $169.78 – Long-term bullish trend is intact.
SOL remains well above all key MAs – bullish confirmation.
MACD (Momentum):
MACD Line (DIF): 3.89
Signal Line (DEA): 2.57
MACD Histogram: Positive and expanding – suggests increasing bullish strength.
2. Price Action Highlights:
SOL is up nearly +95% from the local bottom of $95.26 (seen in early April).
The asset has now formed a higher high at $186.57, indicating sustained bullish momentum.
A clean breakout from the previous consolidation range (~$150–$172) has been confirmed.
3. Key Levels to Watch:
Support:
$181 – Near MA(7), short-term pullback zone.
$172 – Strong support zone from MA(25).
$169 – Major support aligned with MA(99).
Resistance:
$186.57 – Immediate resistance and 24h high.
$191.14 – Previous local peak and next breakout target.
$200 psychological level – key milestone if momentum continues.
4. Strategy & Outlook:
Momentum is clearly in favor of bulls.
As long as SOL stays above $172, buyers are in control.
MACD indicator shows growing bullish momentum – keep watch for volume surge near $191 breakout.
Dip-buying at $181–$172 zone could be ideal if the price retraces.
Solana is showcasing strong bullish structure on the 4H chart, backed by rising volume, MACD confirmation, and a clean MA alignment. With resistance at $191 in sight, a rally toward $200 could unfold if momentum sustains. Short-term traders should watch the $181 level for quick opportunities, while long-term holders remain in a favorable position.