NewsBTC
Sep 29, 2025
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Solana Price Dips Below $220, Faces Resistance at $215 and $220

Solana Price Update

  • Solana (SOL) declined below the $225 and $220 levels against USD.
  • The price is currently trading above $200 and the 100-hourly simple moving average.
  • A key bearish trend line was broken with resistance at $200 on the SOL/USD hourly chart.
  • Resistance levels are anticipated near $215, $220, and potentially $242 if momentum continues.

Solana Price

Potential Decline Scenario

  • If SOL fails to exceed the $215 resistance, it may continue declining.
  • Support levels to watch: $202, $200, and potentially $192.
  • A close below $192 could lead to a further drop toward $180.

Technical Indicators

  • MACD for SOL/USD is positive in the bullish zone.
  • RSI for SOL/USD is above 50, indicating potential upward momentum.