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Solana (SOL) Rally Builds – Bulls Eye Key Breakout Levels as Momentum Surges

Solana (SOL) Rally Builds – Bulls Eye Key Breakout Levels as Momentum Surges

Author:
Newsbtc
Published:
2025-09-09 05:08:31
17
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Solana's charging bull isn't just running—it's breaking through resistance like traditional finance breaks promises.

Technical Breakout Underway

SOL bulls have seized control, pushing prices toward critical resistance zones. The momentum isn't just holding—it's accelerating. Every dip gets bought, every resistance level gets tested. This isn't hope; it's momentum trading at its finest.

Market Structure Shifts

Volume patterns confirm the move. Large players accumulate while retail hesitates—classic bull market behavior. The network handles transactions faster than Wall Street processes excuses. Solana's throughput advantages become more apparent with each passing rally.

Key Levels to Watch

All eyes focus on whether SOL can sustain above psychological price barriers. Break those, and new territory opens. Fail, and we consolidate. Simple as that. No complex derivatives needed—just pure price action.

Either SOL punches through these levels with conviction, or we see another round of 'wait and see'—because in crypto, patience isn't just a virtue; it's a profit strategy.

Solana Price Eyes Additional Gains

Solana price started a decent increase after it found support near the $200 zone, beating Bitcoin and Ethereum. SOL climbed above the $205 level to enter a short-term positive zone.

The price even smashed the $212 resistance. The bulls were able to push the price above the $215 barrier. A high was formed at $218 and the price is consolidating gains. There was a minor drop below the 23.6% Fib retracement level of the upward MOVE from the $199 swing low to the $217 high.

Solana is now trading above $210 and the 100-hourly simple moving average. There is also a bullish trend line forming with support at $212 on the hourly chart of the SOL/USD pair.

Solana Price

On the upside, the price is facing resistance NEAR the $218 level. The next major resistance is near the $220 level. The main resistance could be $232. A successful close above the $232 resistance zone could set the pace for another steady increase. The next key resistance is $244. Any more gains might send the price toward the $250 level.

Downside Correction In SOL?

If SOL fails to rise above the $218 resistance, it could start another decline. Initial support on the downside is near the $212 zone. The first major support is near the $208 level or the 50% Fib retracement level of the upward move from the $199 swing low to the $217 high.

A break below the $208 level might send the price toward the $204 support zone. If there is a close below the $204 support, the price could decline toward the $200 support in the near term.

Technical Indicators

Hourly MACD – The MACD for SOL/USD is gaining pace in the bullish zone.

Hourly Hours RSI (Relative Strength Index) – The RSI for SOL/USD is above the 50 level.

Major Support Levels – $212 and $208.

Major Resistance Levels – $218 and $220.

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