{"id":90930,"date":"2025-08-25T05:08:29","date_gmt":"2025-08-25T05:08:29","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=90930"},"modified":"2025-08-25T05:08:29","modified_gmt":"2025-08-25T05:08:29","slug":"solana-sol-closes-above-200-mark-bulls-aim-for-another-breakout","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=90930","title":{"rendered":"Solana (SOL) Closes Above $200 Mark, Bulls Aim for Another Breakout"},"content":{"rendered":"

Solana started a fresh increase above the $188 zone. SOL price is now consolidating above $200 and might aim for more gains above the $212 zone.<\/em><\/p>\n

SOL price started a fresh upward move above the $192 and $202 levels against the US Dollar.
\nThe price is now trading above $200 and the 100-hourly simple moving average.
\nThere is a rising channel forming with support at $205 on the hourly chart of the SOL\/USD pair (data source from Kraken).
\nThe pair could extend gains if it clears the $212 resistance zone.<\/p>\n

Solana Price Aims For More Gains<\/h2>\n

Solana price started a decent increase after it found support near the $188 zone, unlike Bitcoin<\/a> and like Ethereum<\/a>. SOL climbed above the $195 level to enter a short-term positive zone.<\/p>\n

The price even smashed the $202 resistance. The bulls were able to push the price above the $208 barrier. A high was formed at $213 and the price is consolidating gains above the 23.6% Fib retracement level of the upward move from the $177 swing low to the $213 high.<\/p>\n

Solana is now trading above $200 and the 100-hourly simple moving average. There is also a rising channel forming with support at $205 on the hourly chart of the SOL\/USD pair.<\/p>\n

<\/a><\/p>\n

On the upside, the price is facing resistance near the $212 level. The next major resistance is near the $215 level. The main resistance could be $220. A successful close above the $220 resistance zone could set the pace for another steady increase. The next key resistance is $225. Any more gains might send the price toward the $232 level.<\/p>\n

Downside Correction In SOL?<\/h2>\n

If SOL fails to rise above the $212 resistance, it could start another decline. Initial support on the downside is near the $205 zone. The first major support is near the $202 level.<\/p>\n

A break below the $202 level might send the price toward the $195 support zone and the 50% Fib retracement level of the upward move from the $177 swing low to the $213 high. If there is a close below the $195 support, the price could decline toward the $188 support in the near term.<\/p>\n

Technical Indicators<\/p>\n

Hourly MACD \u2013 The MACD for SOL\/USD is gaining pace in the bullish zone.<\/p>\n

Hourly Hours RSI (Relative Strength Index) \u2013 The RSI for SOL\/USD is above the 50 level.<\/p>\n

Major Support Levels \u2013 $205 and $195.<\/p>\n

Major Resistance Levels \u2013 $212 and $215.<\/p>","protected":false},"excerpt":{"rendered":"

Solana started a fresh increase above the $188 zone. SOL price is now consolidating above $200 and might aim for more gains above the $212 zone. SOL price started a fresh upward move above the $192 and $202 levels against the US Dollar. The price is now trading above $200 and the 100-hourly simple moving […]<\/p>\n","protected":false},"author":0,"featured_media":90931,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-90930","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/90930"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=90930"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/90930\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/90931"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=90930"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=90930"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=90930"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}