Can Solana Break $220 After Strong Rebound From $210?
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Key Insights: Solana rebounded strongly from $210 support, consolidating near $216 while building steady higher lows. A breakout above $220 resistance could trigger the next bullish leg, targeting the $240–$250 range. Clearing $223 liquidity signals strong buyer momentum, with support zones near $215 and $200 remaining intact. Can Solana Break $220 After Strong Rebound From $210? Solana (SOL) was trading at $223.76, with a 24-hour trading volume of more than $9.38 billion. The token has gained 4% in the last 24 hours and is up 6.63% over the past seven days. Price action shows SOL holding firm above the $210 support level, an area that has repeatedly attracted buyers in recent sessions. The 4-hour chart indicates that SOL has been building a bullish structure with consistent higher lows. Each pullback has been met with buying pressure, signaling strong demand. This has allowed the market to defend $210 as a base while consolidating near the $216 range. Resistance at $220 Comes Into Play Analyst BitGuru noted, “$SOL continues to display strong bullish structure, holding firm above $210 support while consolidating near $216.” Morever, the current structure suggests that a decisive break above $220 resistance could fuel the next upward move. Source: BitGuru /X So far, this level has acted as a cap for price, with previous attempts rejected. A clean breakout and sustained close above $220 would likely trigger further bullish momentum. If momentum fades, support around $210–$200 remains critical for preserving the trend. Clearing Liquidity Zones Signals Strength According to Cipher X, “$SOL just cleared that $223 liquidity zone and structure still looks bullish.” The move through this zone suggests that sell orders have been absorbed, allowing price to build a stronger base for the next leg higher. With this breakout, the path appears more open toward $240–$250, provided the…
Filed under: News - @ September 10, 2025 9:27 pm