Solana (SOL) is now trading at $200.37, up +1.49% over the last 3 days, marking a powerful continuation of its bullish momentum. After rebounding from the long-term bottom at $95.26, SOL has nearly doubled and is now knocking on the door of a critical resistance zone near $217.61.
📊 Technical Overview:
The chart shows a classic V-shaped recovery, with strong bullish structure and rising volume. Solana has cleanly reclaimed the psychological level of $200, and momentum indicators support the idea of further upside — though overbought signals suggest short-term caution.
RSI (6): 87.10 — Extremely overbought; may trigger a pullback or consolidation.
MACD: Bullish crossover with histogram rising — momentum remains on the bulls’ side.
Volume: Consistent and gradually increasing, validating the price action.
KDJ: K at 87.87, J at 105.14 — overbought, but no bearish divergence yet.
📈 Key Levels:
Resistance: $217.61 – $261.73
Support: $185.00, then $160.00
🎯 Buy Zone: $190.00 – $200.00 (on retracements)
🛡 Stop Loss: Below $179.00
🎯 Target 1: $217.00
🎯 Target 2: $260.00+
🔥 My Take:
SOL is showing exceptional strength, with a clean breakout above $200. If bulls maintain control and volume holds, a surge toward $217+ is likely. However, with RSI and KDJ deep in overbought zones, a short-term pullback or sideways movement could offer a better entry. Keep your stop loss tight under $179 to manage risk while letting your winners run.
The breakout is real — Solana could be eyeing a return to its previous highs. 💥
