SOLANA SHOWS STRENGTH — IS A MOVE TO $220 ON THE HORIZON?

#solana #MarketTurbulence $SOL

Solana remains resilient, holding above $185 and now stabilizing near $190 while trading above the 100-hourly SMA. After reclaiming the $192 zone, SOL briefly pushed past $200, hitting $202 before pulling back slightly.

At the moment, $198 is acting as short-term resistance, with $202 being the key level to watch. A close above this mark could trigger renewed bullish momentum, potentially driving SOL toward $210 and even $220.

On the flip side, support sits at $192, with strong demand around $188 — aligning with the 61.8% Fib retracement from the $174 to $210 rally. A break below $188 may open the door to further downside, targeting $180 or even $175.

Technical Snapshot:

MACD: Losing some steam but remains in bullish territory.

RSI: Hovering below 50, suggesting consolidation ahead of the next major move.

Key Levels:

Support: $192, $188

Resistance: $200, $210

A strong push above $202 could fuel the next rally, while failing to reclaim it might keep SOL trading sideways or lead to a deeper pullback.