🚨 What to Expect from Solana (SOL) in September?🚨
August was turbulent:
📈 $SOL rose above $210, but could not hold.
💵 Currently — ~$205 (+13% for the month, +50% for the year).
But September promises to be a test for the trend:
🔴 On-chain signals are alarming
90–96% of the supply is in profit — historically such levels have led to corrections.
Example: in August, when the metric rose above 94%, the price fell by 8–23%.
📊 Exchange balances are rising
On CEX already >32 million SOL (it was <30 million at the beginning of August).
Usually, this is a hint of readiness to sell and take profits.
📉 Technicals: ascending wedge
Support: $195 and $182. A breakout is a bearish signal, target $160 (–15–20%).
For bulls, it is important to hold above $217 for continued growth.
🗓 Seasonality vs 2025
Historically, September has been green for $SOL (up to +29%), but this year the risks outweigh the usual pattern.
👉 Conclusion: September could turn out to be a month of correction if bulls cannot hold $217.
#solana #sol #MarketPullback #TrumpTariffs #BinanceHODLerMITO
