{"id":97897,"date":"2025-09-19T05:08:22","date_gmt":"2025-09-19T05:08:22","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=97897"},"modified":"2025-09-19T05:08:22","modified_gmt":"2025-09-19T05:08:22","slug":"solana-sol-moves-higher-bulls-target-next-big-level-as-volume-builds","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=97897","title":{"rendered":"Solana (SOL) Moves Higher \u2013 Bulls Target Next Big Level as Volume Builds"},"content":{"rendered":"

Solana started a fresh increase above the $245 zone. SOL price is now correcting some gains and might find bids near $242 or $240.<\/em><\/p>\n

SOL price started a fresh upward move above the $242 and $245 levels against the US Dollar.
\nThe price is now trading above $240 and the 100-hourly simple moving average.
\nThere was a break above a key bearish trend line with resistance at $240 on the hourly chart of the SOL\/USD pair (data source from Kraken).
\nThe pair could extend losses if it dips below the $240 zone.<\/p>\n

Solana Price Corrects Some Gains<\/h2>\n

Solana price started a decent increase after it settled above the $232 zone, beating Bitcoin<\/a> and Ethereum<\/a>. SOL climbed above the $240 level to enter a short-term positive zone.<\/p>\n

There was a break above a key bearish trend line with resistance at $240 on the hourly chart of the SOL\/USD pair. The price even smashed the $245 resistance. The bulls were able to push the price above the $250 barrier. A high was formed near $253 and the price recently corrected some gains.<\/p>\n

There was a move below the 23.6% Fib retracement level of the upward wave from the $232 swing low to the $253 high. However, the bulls were active above $242.<\/p>\n

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

Solana is now trading above $242 and the 100-hourly simple moving average. On the upside, the price is facing resistance near the $248 level. The next major resistance is near the $254 level. The main resistance could be $255. A successful close above the $255 resistance zone could set the pace for another steady increase. The next key resistance is $268. Any more gains might send the price toward the $272 level.<\/p>\n

More Losses In SOL?<\/h2>\n

If SOL fails to rise above the $248 resistance, it could start another decline. Initial support on the downside is near the $242 zone and the 50% Fib retracement level of the upward wave from the $232 swing low to the $253 high. The first major support is near the $240 level.<\/p>\n

A break below the $240 level might send the price toward the $232 support zone. If there is a close below the $232 support, the price could decline toward the $220 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 $242 and $240.<\/p>\n

Major Resistance Levels \u2013 $248 and $255.<\/p>","protected":false},"excerpt":{"rendered":"

Solana started a fresh increase above the $245 zone. SOL price is now correcting some gains and might find bids near $242 or $240. SOL price started a fresh upward move above the $242 and $245 levels against the US Dollar. The price is now trading above $240 and the 100-hourly simple moving average. There […]<\/p>\n","protected":false},"author":0,"featured_media":97898,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-97897","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\/97897"}],"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=97897"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/97897\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/97898"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=97897"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=97897"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=97897"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}