Solana is currently trading near $205 - $210 with active daily liquidity confirming that the $200 level has become the main defense line at this stage. This consolidation reflects a temporary balance between buying and selling forces, awaiting a new catalyst that may determine the upcoming direction.

Support and resistance levels:

The key support at $200 remaining intact gives buyers the confidence to continue the upward momentum.

A second support area near $190 - $187, breaking it may bring the price back into a wider sideways range.

The first resistance at $210, breaking it will open the way for testing $228 - $236 as a subsequent target level.

Technical indicators:

The price is currently above the short-term and mid-term moving averages, reflecting a positive trend.

The Relative Strength Index (RSI) is positioned near neutral levels with an upward bias, indicating a relative balance with a slight advantage for buyers.

MACD shows positive convergence indicating the possibility of the upward trend continuing if the price maintains its main support.

Latest news from the Solana network:

On-chain data reflects the strong performance of Solana.

More than 2 million active users daily

Transactions exceed 57 million daily.

The closed TVL value is approximately $11 billion.

Technically, the network is preparing to expand its infrastructure through the Firedancer project, which aims to increase efficiency and reliability while reducing reliance on a single client, thereby enhancing investor confidence in the long term.

These numbers and news reflect that the activity on the network is not just speculative trading but is based on increasing actual usage.

Upcoming predictions:

The positive scenario is if the price closes firmly above $210 with strong trading volumes, we may see a push towards levels of $228 - $236. The negative scenario is that breaking the $200 level will put downward pressure on the currency and may bring it back to test $190.

In summary, Solana is currently moving in a critical range between $200 - $210. Holding above strong support enhances the chances of continuing the upward trend, but any drop below may bring it back to a short-term corrective wave. Sustained network activity and the development of its infrastructure are supportive factors for its medium and long-term trajectory.

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