Solana recently rebounded from the local support level below $170 and is expected to break through the resistance level of $185. Meanwhile, the star token Bitcoin broke above $111,800, reaching a new high, which is believed to also drive the rise of other altcoins. At the same time, the increase in bearish activity has dragged the BTC price below $107,000, which seems to hinder the rise of SOL price, as it is currently struggling to break through $180.

Currently, the SOL price has dropped over 6% after reaching the range of $180 to $190. Meanwhile, the token has strongly rebounded from the local support level near $173 and is striving to push upward with new momentum. The recent rebound indicates an increase in buyer interest, triggering a recovery volatility.

The editor expects SOL to break through before the end of the month and stabilize around the range of $190. Although breaking $200 for SOL seems to be a daunting task, just like the resistance level at $180, it can certainly overcome the barriers in this range.