$SOL / USDT – Key Market Range
Current Price: approximately US $214.8
Maximum 24 h: not available
Minimum 24 h: not available
Solana is showing technical strength: consolidating above the key support of US $210–$214 after a rally of 7–10 % in recent days, reaching US $214.8 with strong upward momentum.
A recent breakout has occurred above the resistance of US $214–$218, which raises expectations for continued upward movement. The combination of accumulation by whales, positive expectations for an ETF in October, and strong institutional adoption reinforces this narrative.
Key Levels to Watch
Support:
Immediate: US $210–$214, base defended after correction.
Resistance:
Short term: US $214–$218, recently surpassed.
Technical projections point towards US $250–$300, with tweets suggesting a possible push towards US $260 if momentum continues.
Trade Setup
Entry (long): above US $218, ideally accompanied by sustained volume.
Targets:
Short term: US $250–$260
Medium term: possible extension towards US $300
Stop Loss: below US $210
Outlook
Solana shows evident technical momentum: breakout from resistance, solid volume, institutional accumulation, and catalysts like the possible ETF approval and the Alpenglow upgrade. If buyers maintain control above US $218, we could see a sustained rally towards US $250–$300. Conversely, a correction below US $210–$214 would point to a technical pause or consolidation phase.