Solana $SOL is currently trading around $198.6, navigating today’s range from $187.1 to $199.4. After testing resistance near $192–$193, the price has bounced back, but bulls face a crucial test at the $192–$195 support zone. If this level fails, the next drop could target $185, yet maintaining above it could fuel momentum toward $210–$215. Analysts note that a breakout above $211 could propel SOL to $222, while failure to hold support may risk a pullback to $189
On-chain metrics add nuance: profit-taking is elevated but still within bullish territory, and while active addresses have decreased—signaling caution—the overall drawdown from the all-time high is improving. A sustained push above $200 could signal strength returning to the token.
So — is $198 the floor ahead of a breakout toward $222+, or are we in a holding pattern until key support confirms?
