🚀$SOL overcame $200 — bulls are moving towards the range of $220–$250! 💥📈
Above $185, Solana has risen again. SOL is correcting its gains and may find demand at the level of $195.
The price of SOL rose above $185 and $192 against the US dollar.
The price is above $195 and the 100-hour simple moving average.
The hourly chart of SOL/USD shows an ascending trend line with support at $199.
If the barrier of $205 is broken, the pair may rise again.
The price of Solana is increasing.
After breaking the barrier of $180, the price of Solana rose, like Bitcoin and Ethereum. SOL has entered a short-term bullish zone above $185.
The price broke the barrier of $200. After reaching $207, the price is correcting. The 23.6% Fibonacci retracement level of the upward movement from the low of $178 to the high of $207 was tested below $205.
Above $195 and the 100-hour simple moving average, Solana is trading. An ascending trend line is forming on the hourly chart of SOL/USD with support at $199.
The price faces upward resistance at $205. The next significant resistance is around $208. Resistance at $215 could be key. A close above the barrier of $215 could initiate another sustained increase. The next major resistance is $232.