{"id":93639,"date":"2025-09-04T05:48:54","date_gmt":"2025-09-04T05:48:54","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=93639"},"modified":"2025-09-04T05:48:54","modified_gmt":"2025-09-04T05:48:54","slug":"solana-sol-faces-heavy-resistance-can-bulls-prevent-a-200-breakdown","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=93639","title":{"rendered":"Solana (SOL) Faces Heavy Resistance \u2013 Can Bulls Prevent a $200 Breakdown?"},"content":{"rendered":"

Solana started a fresh increase from the $194 zone. SOL price is now recovering higher and faces a heavy resistance near $212.<\/em><\/p>\n

SOL price started a recovery wave after it tested the $194 zone against the US Dollar.
\nThe price is now trading above $200 and the 100-hourly simple moving average.
\nThere was a break below a connecting bullish trend line with support at $207 on the hourly chart of the SOL\/USD pair (data source from Kraken).
\nThe pair could start a fresh increase if it clears the $212 resistance zone.<\/p>\n

Solana Price Faces Resistance<\/h2>\n

Solana price started a decent increase from the $194-$195 zone, like Bitcoin<\/a> and Ethereum<\/a>. SOL was able to climb above the $200 and $202 resistance levels.<\/p>\n

There was a clear move above the 50% Fib retracement level of the downward move from the $218 swing high to the $194 low. However, the bears seem to be active near the $212 resistance zone. The price reacted to the downside below $210.<\/p>\n

There was a break below a connecting bullish trend line with support at $207 on the hourly chart of the SOL\/USD pair. Solana is now trading above $204 and the 100-hourly simple moving average.<\/p>\n

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

On the upside, the price is facing resistance near the $2102 level. The next major resistance is near the $212 level or the 76.4% Fib retracement level of the downward move from the $218 swing high to the $194 low. The main resistance could be $218. A successful close above the $218 resistance zone could set the pace for another steady increase. The next key resistance is $232. Any more gains might send the price toward the $245 level.<\/p>\n

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

If SOL fails to rise above the $212 resistance, it could continue to move down. Initial support on the downside is near the $204 zone. The first major support is near the $200 level.<\/p>\n

A break below the $200 level might send the price toward the $195 support zone. If there is a close below the $195 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 losing pace in the bullish zone.<\/p>\n

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

Major Support Levels \u2013 $200 and $195.<\/p>\n

Major Resistance Levels \u2013 $212 and $218.<\/p>","protected":false},"excerpt":{"rendered":"

Solana started a fresh increase from the $194 zone. SOL price is now recovering higher and faces a heavy resistance near $212. SOL price started a recovery wave after it tested the $194 zone against the US Dollar. The price is now trading above $200 and the 100-hourly simple moving average. There was a break […]<\/p>\n","protected":false},"author":0,"featured_media":93640,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-93639","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\/93639"}],"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=93639"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/93639\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/93640"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=93639"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=93639"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=93639"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}