#MarketPullback
Solana (SOL) Price Analysis – August 31 to September 1, 2025
📊 Current Market Overview – $SOL
Solana (SOL) is currently trading near $204.95, showing a slight intraday dip.
According to platforms like TradingView and CoinMarketCap, the price remains within the $205.07–$205.38 range. Despite the minor pullback, both daily and weekly technical indicators continue to signal a "Strong Buy."
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📉 Short-Term Forecast (Next 24–48 Hours)
Traders Union:
Predicts a short-term decline of approximately -3%, potentially bringing SOL down to ~$199.
A deeper correction could push prices to ~$191.60 (a -6.7% drop) within the next 48 hours.
CoinDCX:
Observes SOL trading between $197–$205.
A breakout above $211 could ignite a +7–12% rally, targeting $220–$235.
On the downside, a break below the key $174 support level may lead to a further slide toward $150 in the coming week.
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📰 Key Market Scenarios to Watch
1. Bullish Breakout – If SOL clears $211, momentum could drive prices toward $220–$235.
2. Sideways Action – Continued consolidation in the $197–$205 range.
3. Mild Correction – A pullback toward $190–$199.
4. Bearish Breakdown – A break below $174 could trigger a sharp fall to $150.
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🤔 What This Means for Traders
SOL's short-term direction will largely depend on its behavior near critical resistance at $211 and support at $197/$174.
A daily close above $211 on strong volume would confirm bullish momentum, likely opening the door for a rally toward $220–$235.
Conversely, weakening demand or mounting selling pressure could result in a pullback to $190–$199, or even a deeper correction to $150 if $174 fails.
Moor famus my artical
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