Current Status:
SOL is trading around $200-$201, after rallying from $170 in under a week. Breaking above the key $200 level signals strong bullish momentum, supported by:
✅ RSI ~73 (short-term overbought but still bullish)
✅ MACD bullish expansion
✅ Price well above key EMAs ($173 cluster)
Bullish Case (Above $210):
Next resistance: $218 (0.618 Fib)
Further upside: $230 (upper channel boundary)
Strong volume +22% & open interest +297% signal institutional interest
Breakout from multi-week compression supports a push beyond $210
Bearish Risk (Below $180):
Supports: $198-$200 (VWAP), $185.5 (4H EMA20)
Price floor near $175-$180 from 30-day projections
A drop below $180 needs a big sentiment shift or negative market event
Outlook:
📊 Higher probability of $SOL breaking $210 in the near term if momentum stays strong
⚠️ Below $180 is unlikely short-term unless major bearish catalysts emerge
Key Levels to Watch:
Support: $198-$200 / $185.5
Resistance: $218 / $230
As of Aug 13, 2025 – Based on price action, Fibonacci levels, EMA supports, RSI, MACD & market structure.
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