Here’s a comprehensive look at the current technical analysis of Solana (SOL), along with trading recommendations for the upcoming week based on the latest data (as of August 24, 2025):
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Current technical situation
1. General technical analysis – Investing.com
• Strong technical recommendation across most time frames, including the weekly and monthly: “Strong Buy” .
• This is attributed to positive clustering in momentum indicators and moving averages.
2. Price movement in the correction range – Cointelegraph
• After reaching a six-month high of ~209$, the coin underwent a correction to about $175, then bounced back to ~180$ .
• A 'Bull Flag' is forming on the daily chart, with resistance at ~190$. A daily close above this level could push the price towards a target of ~258–260$ .
• The weekly frame showed a recovery in a 'V' shape, requiring the price to surpass the psychological resistance at ~200$ to stimulate a move towards ~260$ .
3. Momentum this week – CryptoNews.com
• SOL recorded an increase of 8.1% this week, and the price is currently testing resistance at ~210$ (three previous attempts at this range) .
• Technical indicators such as RSI (~67) and MACD are positive, supporting the scenario of a continued upward trend towards $218–228 and perhaps $250 if a breakout occurs .
4. Price structure and support – CryptoNews (additional analysis)
• Strong setup after a healthy pullback, with the price stabilizing above short and long-term moving averages, with RSI ~52 and MACD moving away from zero indicating the beginning of upward momentum .
• The price is currently supported by EMA prices at ~182–183$, with additional support levels around 174–181$ .
5. Network buying activities – AMBCrypto
• Internal buying activity (Buybacks) increased from $14.5 million to $46.8 million over two weeks, reflecting rising demand for SOL from within the platform .
• VanEck's ETF filing related to JitoSOL (a token backed by reserves) may enhance institutional flows towards SOL .
• Some analysts raise the price target to $295 if the upward momentum continues .
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Key support and resistance levels
Type Levels (Approx.)
Resistance $210–211 (current test), $218–228 (next), $260 (long-term target)
Support $183–187 (EMA + technical support), $174–182 (medium support area)
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Trading recommendations for this week
Short-term strategy (fast / Swing Trading)
• Buy on the correction accumulation near prices of $183–185 with a stop loss below EMA support (~$180).
• If SOL breaks the $210 resistance daily with good trading volume, the next target could be $218–228, and possibly extend to $250 upon completing the Bull Flag pattern.
Medium-term strategy
• Maintain positions with a re-break above $200 and confidently enter towards $260, especially if institutional activity (like an ETF) supports this momentum and internal network buying increases.
Risk management tips
• Use a stop loss around $180 to protect capital from sudden downturns.
• Take partial profits at $210–220, while the remaining part follows at levels of $250–260.
• Link your positions to technical events (break of support/resistance) and market data (ETF announcements, network activity).
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In summary
• Strong technical outlook: “Strong Buy” recommendations across most tools and technical indicators  .
• Momentum is gradually rising: Resistance at $200–210 is key to activating a new path towards higher levels  .
• Institutional and network support: Increased buying activity within the Solana network and support for future projects .
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Final recommendation
This week, SOL appears to be on a continuous upward path—whether it breaks the $210 resistance or not, technical support is strong, and the positive technical conditions are in favor of buyers. The medium-term bet would be around moving towards $260 if it stabilizes above current resistance areas.
Would you like me to list two separate scenarios (bullish – bearish) or show you how to practically use tools like Fibonacci or RSI within a trading platform?