$SOL

August 15, 2025 –

Solana (SOL) is trading at $187.23, reflecting a 4.55% daily decline as bearish pressure takes hold in the crypto market. In PKR terms, SOL’s value stands at ₨53,109.66, highlighting the impact of both market volatility and currency movements.

Over the last 24 hours, SOL has touched a high of $198.07 and a low of $185.86, with trading volumes showing significant activity — 4.45M SOL traded, amounting to $860.11M USDT.

Technical Outlook

MA60 is currently at $188.84, indicating SOL is trading slightly below its long-term average.

RSI(6) stands at 62.76, suggesting the token is nearing overbought territory but still within a neutral range.

Short-term moving averages MA(5) at 6.43M and MA(10) at 9.34M in trading volume show fluctuating market interest.

Market Sentiment

The recent dip comes amid broader market caution, with traders possibly taking profits after SOL’s recent upward attempts. Despite the current pullback, buying pressure appeared in the last few candles, hinting at possible short-term recovery attempts.

Key Levels to Watch

Support: $185.86

Resistance: $198.07

A break below support could invite further downside, while a push above resistance might re-ignite bullish momentum.