$SOL Important levels to keep in mind:
Strong support base: ~$140
Mid-range support / Anchor: ~$165
Immediate resistance zone: ~$177–$189
Main breakout target: $250 (short-term), and if momentum remains strong, possible extension to $350–$400
The most positive aspect is that $SOL is still trading above the ascending trendline and remains above the 200-day EMA. These two indicators strongly support the bullish sentiment 🟢
On-chain momentum also confirms the bullish outlook 👉 the recent bounce occurred from $160, and since then $SOL has been creating higher lows — which is a strong sign of demand and accumulation. Now the market is focused on the psychological level of $200 — once this is broken, buyers may activate, and a strong rise may begin, potentially leading to $250+. And if momentum remains, an extension to $350–$400 is also possible.
✅ Why it looks like this setup is bullish:
The price is still anchored above the key support zone ($140–$165)
The structure of the uptrend is absolutely intact, and there is strong holding around $188
Higher lows indicate that buyers are gradually accumulating
A breakout at $200 could turn resistance into support, and all potential could be unlocked.