Solana Price Prediction: Can SOL Defend $217 Support or Risk a Deeper Correction?
The post Solana Price Prediction: Can SOL Defend $217 Support or Risk a Deeper Correction? appeared on BitcoinEthereumNews.com.
Solana price is testing a key bullish trendline, with participants watching closely to see if support holds or a deeper correction takes shape. Solana is back in the spotlight as participants weigh whether its long-term bullish trendline can hold firm against growing pressure. After weeks of choppy movement, the price now sits at a key decision point where technical levels and regulatory headlines could shape the next big move. Solana Price Testing the Bullish Trendline Solana’s latest dip is dragging the price closer to its bullish fair value gap and long-term trendline support. This zone has repeatedly served as a launchpad, and a clean reaction here could set the tone for a rebound. Solana price tests its bullish trendline as the market watches for a rebound or deeper move into the $210–$205 support zone. Source: BATMAN via X If buyers defend this area again, momentum could carry the price back towards the $230 to $235 range. Holding the ascending trendline keeps the broader bullish case intact, and every successful defense strengthens confidence in higher targets. But if support gives way, Solana price could extend lower into the $210 to $205 band, where the next key demand zone sits. That area now stands as the last strong line of defense before opening the door to a deeper correction. Bearish Daily Structure Raises Risk On the flip side, ChiefraT says Solana continues to struggle at the $235 ceiling, with rejection signaling weakness in the short-term structure. Multiple failed retests of this level suggest sellers still hold control. Solana faces repeated rejections at the $235 ceiling, with downside risks pointing towards $200 and below if buyers fail to step in. Source: ChiefraT via X A move back below $200 remains possible if buyers don’t step in soon. Losing this round of support could…
Filed under: News - @ October 11, 2025 5:14 am