{"id":92981,"date":"2025-09-02T05:48:12","date_gmt":"2025-09-02T05:48:12","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=92981"},"modified":"2025-09-02T05:48:12","modified_gmt":"2025-09-02T05:48:12","slug":"solana-sol-bulls-eye-control-will-recovery-turn-into-a-surge","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=92981","title":{"rendered":"Solana (SOL) Bulls Eye Control \u2013 Will Recovery Turn Into a Surge?"},"content":{"rendered":"

Solana started a fresh increase from the $195 zone. SOL price is now recovering higher and might aim for a move above the $205 resistance zone.<\/em><\/p>\n

SOL price started a recovery wave after it tested the $195 zone against the US Dollar.
\nThe price is now trading below $205 and the 100-hourly simple moving average.
\nThere was a break above a connecting bearish trend line with resistance at $201 on the hourly chart of the SOL\/USD pair (data source from Kraken).
\nThe pair could start a fresh increase if it clears the $205 resistance zone.<\/p>\n

Solana Price Eyes Steady Recovery<\/h2>\n

Solana price extended losses after there was a close below $205, like Bitcoin<\/a> and Ethereum<\/a>. SOL traded below the $200 and $195 support levels to enter a short-term bearish zone.<\/p>\n

A low was formed at $194 and the price is now attempting a fresh increase. The price surpassed the $198 and $200 resistance levels. There was a move above the 23.6% Fib retracement level of the downward move from the $218 swing high to the $194 low.<\/p>\n

Besides, there was a break above a connecting bearish trend line with resistance at $201 on the hourly chart of the SOL\/USD pair. Solana is now trading below $205 and the 100-hourly simple moving average.<\/p>\n

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

On the upside, the price is facing resistance near the $202 level. The next major resistance is near the $205 level or the 50% Fib retracement level of the downward move from the $218 swing high to the $194 low. The main resistance could be $209. A successful close above the $209 resistance zone could set the pace for another steady increase. The next key resistance is $218. Any more gains might send the price toward the $225 level.<\/p>\n

Another Decline In SOL?<\/h2>\n

If SOL fails to rise above the $205 resistance, it could continue to move down. Initial support on the downside is near the $200 zone. The first major support is near the $195 level.<\/p>\n

A break below the $195 level might send the price toward the $188 support zone. If there is a close below the $188 support, the price could decline toward the $184 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 $200 and $195.<\/p>\n

Major Resistance Levels \u2013 $205 and $209.<\/p>","protected":false},"excerpt":{"rendered":"

Solana started a fresh increase from the $195 zone. SOL price is now recovering higher and might aim for a move above the $205 resistance zone. SOL price started a recovery wave after it tested the $195 zone against the US Dollar. The price is now trading below $205 and the 100-hourly simple moving average. […]<\/p>\n","protected":false},"author":0,"featured_media":92982,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-92981","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\/92981"}],"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=92981"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/92981\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/92982"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=92981"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=92981"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=92981"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}