Market Snapshot Reference :
Solana ($SOL ) is trading around $180.14 ๐, down 1.56% over the past 24 hours. While thereโs been a minor pullback, the overall technical picture still leans toward a bullish continuation โ if key support zones hold.
๐ Technical Highlights
24h Range: $177.42 โ $186.13
MA(7): $173.35 โ short-term momentum turning positive
MA(25): $178.22 โ acting as a support pivot
MA(99): $162.95 โ strong long-term bullish base
Volume: $4.19B (USDT terms) โ stable liquidity inflow
Recent High: $206.44 before correction
Recent Low: $145.11 โ recovery starting point
๐ Price Movement & Trend Analysis
After touching $206+, SOL retraced sharply to the $145 region. Since then, it has staged a strong recovery, reclaiming the 25-day moving average.
A potential golden crossover between MA(7) and MA(25) is developing โ historically a bullish medium-term signal. Current volume patterns indicate steady accumulation rather than speculative spikes.
๐ง Market Sentiment
Short-Term: Neutral to Bullish โ pullbacks are quickly being bought up
Mid-Term: Bullish โ holding above $178 could push price toward $190+
Long-Term: Strongly Bullish โ backed by solid fundamentals, DeFi expansion, and ecosystem growth
๐ฏ Key Price Zones
Resistance Levels:
$182.50 โ immediate test area
$190.00 โ psychological barrier
$200 โ breakout threshold
Support Levels:
$178.00 โ MA(25) safety net
$169.00 โ previous consolidation base
$155.50 โ strong downside protection
๐ฎ Possible Scenarios
โ Bullish Path:
A close above $182.50 could send SOL to retest $190 soon, with $200โ$206 on the horizon within weeks. Breaking $200 may open room toward $225โ$230 in Q4 2025.
โ Bearish Risk:
If $178 fails, a drop to $169 is possible. Stronger selling pressure could pull it toward $155, though this remains a lower probability unless Bitcoin weakens.
๐ก Conclusion
Solana is showing renewed strength and remains among the most technically resilient altcoins. Traders should watch the $182โ$190 zone for breakout confirmation. For long-term holders, current levels may still be attractive for gradual accumulation.
๐ This is not financial advice โ always DYOR before investing.