🚀 Solana Price Analysis: Road to $200 & Beyond?
📊 #SOL is heating up after smashing past the key $188 resistance!
Let’s break it down 👇
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✅ Quick Recap: Momentum is Back
SOL started a fresh bullish wave from the $175 zone 🔄
Broke major resistance: $180 ➡️ $185 ➡️ $188
Currently trading above $190 and the 100h SMA
Bullish trendline support holding strong near $190 on the hourly chart (📈 Kraken data)
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📈 Bullish Case: $200 Is the Decider
Facing current resistance at $195 (💡61.8% Fib from $206 → $175)
Major Breakout Level: $198–$200
🟢 If SOL closes above $200:
🚀 Target 1: $212
🚀 Target 2: $225
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📉 Bearish Case: Watch the Floor
Failure at $200 may lead to correction:
🔹 Initial support: $190 trendline
🔹 Key supports: $188 → $184
⚠️ Worst-case retest: $175
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🧠 Technical Signals
🔼 MACD: Gaining momentum in the green zone
💪 RSI: Above 50 – buyers still dominating
📍 Price action: Strong structure holding, but $200 is the trigger point
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⚖️ Final Take
SOL looks ready to ignite a bigger move 🚀
As long as it stays above $190, the trend remains bullish.
$200 = The Decisive Barrier 🧱
Break it, and SOL could accelerate to $212 - $225 in the near term.
🕵️♂️ Traders should watch the $200 level closely.
The next big move is loading... 📈
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