Solana (SOL) Pushes Past $200 Resistance Level

** Recent Action**

SOL broke above its long-held resistance around $175 and traded in the $178–$180 range, boosted by volume and bullish sentiment.

Analysts note bullish chart formations—like symmetrical triangle breakouts and golden crosses—that support a potential move toward (and past) $200.

More recently, Solana successfully broke above $200, opening the door to targets like $224, $243, and potentially retesting its ATH near $294.

Risks & Resistance

A few sources report that SOL briefly surpassed $200 but failed to hold, retreating back down to around $187, as long-term holders took profits.

Others mention coordinated selling pressure (e.g., Alameda unstaking $35M), testing support levels near $170.

Bottom Line Solana is clearly in a bullish breakout phase, but sustaining above $200 will be critical. A clear hold could catapult it toward $250–$300, while renewed selling risks a pullback to the $170–180 support zone.