Solana Price Prediction: Can SOL Smash the $200 Barrier and Rally Towards $400?
The post Solana Price Prediction: Can SOL Smash the $200 Barrier and Rally Towards $400? appeared on BitcoinEthereumNews.com.
Solana is approaching a critical breakout zone near $200, with key technicals and on-chain signals hinting at a potential rally towards the $350 to $400 range. Momentum is building on multiple fronts for Solana, with a short liquidation cluster near $190, a key sell wall at $200, and thin on-chain resistance above $189 all converging to create a potential “domino effect” for price movement. Solana Price Prediction Could Unlock 350 to 400 Targets Solana is pressing against the upper boundary of a multi-month consolidation zone between 120 and 186, an area that has repeatedly acted as a ceiling for price action. Analyst cardzz notes that a decisive move above 186 could clear the way towards the 350 to 400 range, with this target aligning closely with the upper channel resistance on the weekly chart. The broader structure remains constructive, with higher lows forming above the bull market support band, which ranges from 154 to 163, signaling that buyers continue to defend key trend levels. Solana holds firm above key support, eyeing a breakout that could unlock targets between $350 and $400. Source: Cardzz via X A confirmed breakout could trigger a measured move based on the consolidation’s height, with interim resistance likely around 286 before higher objectives come into view. While price may still oscillate within the range in the short term, the sustained defense of the support band keeps the longer-term bias tilted toward bullish continuation. Sell Wall Test at 200 Could Shape Solana’s Next Move The $200 level is shaping up as the next significant hurdle for Solana, with the sell wall marked on the chart. This area has previously served as a liquidity pocket, where selling interest intensifies, meaning a strong influx of buying pressure would be required to break through. Price is currently climbing from a…
Filed under: News - @ August 12, 2025 12:25 am