Solana price (SOL) is trading above $208 with buyers defending the $206 support; momentum indicators suggest a likely short-term rally toward $216–$225 if volume confirms, while a drop below $206 could open a deeper pullback to $180–$185.
Solana remains above $208, holding $206 as critical support.
MACD bullish crossover and RSI near 63 signal strong momentum but rising overbought risk.
Market cap recovered ~9% to $114.5B; network revenue and staking inflows show renewed capital.
Solana price updates: SOL price holds $206 support and eyes $216–$225 breakout — read actionable levels and next steps.
Solana trades above $208, testing support at $206. Momentum may drive SOL price toward $216–$225 if uptrend persists.
Solana (SOL) is heating up again, trading near $212.08 with a 4.32% daily gain. Buyers are defending the $206 support zone, and market participants are watching volume and momentum indicators for confirmation of a breakout toward the $220s.
What is Solana price doing today?
Solana price is trading above $208, using $206 as near-term support. Short-term momentum indicators favor a rally to $216–$225 if volume increases; a decisive close below $206 would shift risk toward $180–$185.
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The MACD has posted a bullish crossover with a green histogram, indicating rising buying pressure. RSI sits around 63.51 — strong but not yet deeply overbought. On the 1-hour chart (Binance price data), the breakout above $204 turned prior resistance into support at $206. A sustained move past $215–$217 with higher volume would validate a push toward $220–$225.
On the 1-hour chart, SOL broke above local resistance and pulled back to test $206 as support. Session highs reached $208.84 before consolidation around $208.25. Analysts note that as long as price holds above $206, the short-term trend remains bullish.
Price action outlines two plausible paths: 1) direct rally to $216–$218 and then $220–$225, or 2) a short retest of $206 followed by a rebound. The breakout above the $204 zone confirmed renewed buying pressure despite upper-wick selling on some candles.
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