Solana (SOL) — Rising Channel Under Pressure: Watch $220 and $250 Zones



Solana (SOL) trades around $206, holding inside a rising channel but struggling to gain momentum. Key technical indicators point to a decisive move soon.

📊 Indicators

RSI (14): 44 → Neutral zone, showing neither strong overbought nor oversold conditions.

20-day EMA: $217

50-day EMA: $208.57

100-day EMA: $194

200-day EMA: $181.76

🔑 Levels to Watch

Resistance: $245–$250 (major barrier, aligned with EMA cluster overhead).

Support: $200 (critical floor); below that, $194 and $182 are next supports.

Buffer Zone: $220–$225 remains an important pivot region.

✅ Outlook

Bull Case: Break above $250 with volume → targets $280–$310.

Bear Case: Close below $200 → opens downside to $194 → $182.

Base Case: Likely consolidation between $200–$240, while RSI builds momentum.

Solana remains technically bullish in the bigger picture with strong support from longer EMAs, but near-term movement hinges on defending $200 and breaking above $217–$220.

#SOL#
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SOL4.36%
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Ryakpandavip
· 3h ago
Just go for it💪
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Ybaservip
· 4h ago
Launch with power 🚀
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Cryptogethervip
· 6h ago
Bull Run 🐂
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Discoveryvip
· 6h ago
Watching Closely 🔍
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