- Solana trades at $208.22, holding support at $200.91 and facing immediate resistance near $210.85 on the weekly chart.
- The chart structure shows higher lows since May, reinforcing steady momentum with $250 marked as the next projected target.
- In the case of $250 clearing, a significant obstacle lies around the $300 mark, which coincides with previous tested resistance points on the weekly trend.
Solana is currently trading high at a price of $208.22 and its support has been formed at a price of $200.91, with an increase of 2.1% in the last 24 hours. The long-term trend is becoming gradually more bullish, with the base trend recently gaining momentum on the back of an ascending pattern that has been supporting the upward dynamic since summer.
At the moment, resistance is placed around $210.85, whereas future new highs are predicted to be around $250, and even higher. Notably, trading momentum has expanded, suggesting price remains comfortably above key support.
Solana Shows Controlled Progress Amid Strong Support a
Current data indicates Solana maintains stability above $200.91, which has acted as a foundation for recent trading sessions. This support level has consistently absorbed downward pressure, providing buyers a firm base to defend against short-term volatility.
On the opposite side, resistance is measured at $210.85, restricting immediate advances. However, price action approaching this ceiling reflects rising momentum, as each retracement has produced higher lows on the weekly chart. This technical structure demonstrates controlled progress, with resistance now defining the next short-term hurdle.
Solana Maintains Strength Through Rising Support and Steady Momentum
The broader weekly chart outlines a pattern of higher lows, showing continuous strength despite earlier retracements. This structure has allowed Solana to recover steadily from previous declines, and the latest movement reinforces that trend.
Notably, price momentum shows a projected target near $250. The chart highlights that once the $210.85 resistance level is tested, the path toward this region opens. This scenario builds on the established rising formation that has shaped the token’s trajectory since May.
Trading volumes have aligned with upward shifts, supporting the view that buyers remain active during upward corrections. The consolidation phases observed in prior weeks have also contributed to stability, limiting steep declines.
Solana Eyes Next Resistance as Uptrend Maintains Momentum
Above $250, the chart highlights $300 as the next major resistance target. The weekly trendline suggests that once $250 is achieved, the following level aligns with previous resistance points tested earlier in the year.
Until then, the market remains focused on the immediate range between $200.91 and $210.85. The stability above support continues to define Solana’s short-term standing, while gradual gains reinforce the broader trend.
The upward arrow reflected on the chart points to projected continuation, with $295 to $300 highlighted as potential zones. Notably, this aligns with the ascending slope that has carried the token higher, connecting the sequence of higher lows with upcoming resistance levels.
Earn more PRC tokens by sharing this post. Copy and paste the URL below and share to friends, when they click and visit Parrot Coin website you earn: https://parrotcoin.net0
PRC Comment Policy
Your comments MUST BE constructive with vivid and clear suggestion relating to the post.
Your comments MUST NOT be less than 5 words.
Do NOT in any way copy/duplicate or transmit another members comment and paste to earn. Members who indulge themselves copying and duplicating comments, their earnings would be wiped out totally as a warning and Account deactivated if the user continue the act.
Parrot Coin does not pay for exclamatory comments Such as hahaha, nice one, wow, congrats, lmao, lol, etc are strictly forbidden and disallowed. Kindly adhere to this rule.
Constructive REPLY to comments is allowed