Solana Price Prediction. SOL Holds $180 Support As Network Resilience Draws Buyer Interest
The post Solana Price Prediction. SOL Holds $180 Support As Network Resilience Draws Buyer Interest appeared on BitcoinEthereumNews.com.
Solana trades near $185 after rebounding from $180, defending its ascending channel base. Exchange inflows of $25M show accumulation as buyers step back in at discounted levels. Network stability at 6,000–10,000 TPS reinforces long-term confidence despite market volatility. Solana price today is hovering around $185, stabilizing after a volatile session that saw a retest of its ascending channel support. The sharp intraday recovery from $180 highlights that buyers are defending key structural zones despite recent pressure across the crypto market. Trading volumes have normalized after Friday’s 12% selloff, while the Solana Foundation’s latest update on network throughput helped restore confidence following the flash crash. Solana Price Defends Channel Support SOL Price Analysis (Source: TradingView) The daily chart shows Solana maintaining its long-term ascending channel pattern, with the lower boundary now acting as crucial support near $180. The 200-day EMA sits close at $186, reinforcing this demand zone. Overhead, resistance is stacked between the 20-day and 50-day EMAs at $212 and $216, respectively. Momentum indicators have cooled off but remain constructive. The RSI at 35 shows near-oversold conditions, suggesting that sellers may be losing strength after the steep correction. If SOL holds above $180, a relief bounce toward the $200–$210 region remains likely. A decisive close above $216 could flip near-term sentiment bullish, targeting the mid-channel resistance around $235. Conversely, losing $180 would expose the $165 area as the next major defense level. On-Chain Flows Show Renewed Accumulation SOL Netflows (Source: Coinglass) Coinglass data shows Solana recorded a $25.29 million net inflow on October 11, a notable shift from the previous week’s persistent outflows. This indicates that spot buyers are stepping back in at discounted prices. The data also suggests that long-term holders are accumulating, with the inflows arriving as price tests the lower band of its channel. While overall sentiment…
Filed under: News - @ October 11, 2025 3:26 pm