⚡ Technical Analysis of Solana ($SOL ) – August 19, 2025
Current price: approx. 187 USD (daily range: 196 – 183)
🔍 Technicals (D1 / H4)
• Trend: Solana has been maintaining a strong upward trend for some time. The recent breakout above 170 USD confirmed the dominance of buyers.
• Supports: 183 – 180 USD (local), lower 170 USD (key support of the trend). A deeper drop could bring the price down to 150 – 155 USD.
• Resistances: 196 – 200 USD (strong psychological zone), above that 220 USD and 250 USD.
• Momentum: RSI is entering the overbought zone – a possible correction before attacking 200+.
📈 Scenarios
Bullish (trend continuation):
• Holding 183 – 187 USD → another attack on 196 – 200 USD.
• A breakout above 200 USD would open the way to 220 USD, and even 250 USD.
Bearish / correction:
• Rejection at 196 – 200 USD and a drop below 180 USD → possible retest of 170 USD.
• Loss of 170 USD would be a signal of weakness and could bring the price towards 150 USD.
⚡ Fundamentals and Catalysts
• Strong DeFi and NFT ecosystem – Solana is one of the leaders in terms of active users and transaction volume.
• Proposed ETF for Solana – rumors of potential approval could significantly boost the price.
• High network adoption – gaming projects, memecoins, and DeFi on SOL are attracting increasing capital.
🗣 Rumors and market whispers
• In the community, it is said that breaking 200 USD could be the beginning of a “fast rally” towards 250 USD.
• It is speculated that large players (funds) are accumulating SOL before ETF decisions.
• There are also predictions in circulation that SOL in this cycle could aim for around 300 – 350 USD.
🎯 Potential approaches (frameworks, not signals)
• Momentum trade: entries on retests of 183 – 187 USD with defense below 180 USD; targets: 196 – 200 / 220 USD.
• Breakout play: closing the day above 200 USD → target 220 and 250 USD.
• Risk: false breakouts at 200 USD; key to monitor volume.
