BTCC / BTCC Square / Tronweekly /
Solana October Forecast: Accumulation Surges as SOL Targets $215–$230 Breakout

Solana October Forecast: Accumulation Surges as SOL Targets $215–$230 Breakout

Author:
Tronweekly
Published:
2025-10-24 14:00:00
6
2

Solana bulls are loading up—big money positions SOL for a major October rally.

Technical Breakout Imminent

Market momentum builds as accumulation patterns signal institutional confidence. SOL's chart structure suggests the $215–$230 resistance zone could crumble under sustained buying pressure.

Network Activity Fuels Optimism

Developer activity and transaction volumes continue outpacing competitors. The ecosystem's relentless growth—while traditional finance still debates blockchain fundamentals—shows where real innovation happens.

Traders position for what could be Solana's strongest monthly close since January. Because sometimes the best investment strategy is ignoring the 'experts' and watching where the smart money actually flows.

Solana

  • Solana trades around $187.76, up 1.98% for the week, with the market pausing near the $188 pivot zone.
  • Indicators show mild consolidation as capital inflows continue despite cooling momentum.
  • October outlook points to range-bound trading between $175–$200 before a potential breakout.

Solana continues to move within a tight range this week, with its price sitting NEAR $187.76 after a mild 1.98% gain. The weekly chart shows a steady rhythm, fluctuating between $177.14 and $197.71.

The candles have narrowed, signaling reduced volatility but not a breakdown. The market is currently positioned around the middle Bollinger band at roughly $188, often seen as a fair-value pivot.

The broader structure reflects a multi-month consolidation phase, suggesting the market is undecided. The Fibonacci retracement levels outline clear zones of resistance above $200 and strong support around $160 and $130.

While solana has struggled to reclaim the $200 mark, the price remains stable, showing no sign of panic selling. The overall setup points toward a neutral-to-bullish bias, with upside potential if fresh momentum appears.

Indicators Show Cooling Momentum but Active Accumulation

Momentum indicators reveal a short pause in Solana’s recent strength. The MACD sits just below its signal line, near 10.75 and 11.46, respectively, hinting at a mild bearish divergence.

This suggests a temporary slowdown rather than a reversal. A bullish crossover in the coming weeks WOULD confirm renewed momentum, possibly attracting fresh buying interest.

The Chaikin Oscillator, hovering around 87.6k, paints a different picture; it remains positive, reflecting ongoing inflows and steady accumulation.

This means larger investors continue to buy during dips, supporting price stability even as short-term traders take profits.

Meanwhile, the RSI rests at about 50.8, signaling a balanced market. It’s neither overbought nor oversold, giving Solana the flexibility to move quickly once direction becomes clear.

A MOVE above 60 on the RSI could hint at a stronger bullish run, while a drop below 45 might indicate an early correction.

October Outlook and Key Levels Ahead For Solana

For October 2025, the base scenario, holding roughly a 55% probability, sees Solana trading between $175 and $200. This range suggests ongoing consolidation while momentum indicators slowly rebuild.

A close above $200 could lift prices toward $215 or even $230 in the coming weeks. The bullish scenario, carrying about 30% probability, envisions a push beyond $245 if momentum aligns with rising RSI readings.

However, if Solana loses footing below $180 and capital inflows fade, a slide toward $160 or $130 could emerge, marking the start of a deeper correction.

|Square

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users

All articles reposted on this platform are sourced from public networks and are intended solely for the purpose of disseminating industry information. They do not represent any official stance of BTCC. All intellectual property rights belong to their original authors. If you believe any content infringes upon your rights or is suspected of copyright violation, please contact us at [email protected]. We will address the matter promptly and in accordance with applicable laws.BTCC makes no explicit or implied warranties regarding the accuracy, timeliness, or completeness of the republished information and assumes no direct or indirect liability for any consequences arising from reliance on such content. All materials are provided for industry research reference only and shall not be construed as investment, legal, or business advice. BTCC bears no legal responsibility for any actions taken based on the content provided herein.