Solana Price Prediction: SOL Must Reclaim $200 to Target $260

$200 Resistance Defines Solana’s Next Major Trend

Solana (SOL) is at a crossroads with its price close to a key resistance point. According to analysts, the $200 level is the new pivot point between a possible breakout and a further correction. Despite recent dips, the bigger framework still stands, with traders keeping an eye on whether bulls will take charge and continue the upward movement towards higher liquidity levels.

$200 Resistance Defines the Next Trend

Analyst Ali indicated the $185-$190 zone as the immediate support, with the $200 level as the line in the sand for its next significant move. According to the chart, repeated rejections at this resistance are noted, showing high selling pressure, which has curtailed all the attempts of recovery since mid-October. Nevertheless, a break and hold above $200 could change sentiment to favor buyers.

SOLUSD 3D CHART | SOURCE: X

In addition, a successful reclaim could lead to a rally to $260, a level that has served several times as a ceiling during the past cycles. This Solana price prediction reflects previous setups where the reclaiming of key resistance zones resulted in mid-term bullish extensions. However, the inability to break through $200 could lead to further drops toward $158 and even $130. The next price shifts will be decisive as traders assess the ability of demand to return.

Momentum Weakens Amid Increased Selling Pressure

Additionally, another price movement shows that Solana is trading around the level of $175.91, which represents a 6% decline on the day, suggesting a loss of bullishness. The 24-hour trading volume rose by 85% to $5.05 billion, although mostly driven by selling pressure. The MACD indicator is now bearish, and the crossover of the signal line is confirmed, while red bars of the histogram indicate continued downward pressure.

SOLUSD 1D CHART | SOURCE: CoinMarketCap

If Solana is unable to hold the $175 level, it could slump to the $160-$165 range. However, a good recovery above $190-$200 with good volume could turn the tide and reignite optimism toward $220 and $240. This mid-range volatility highlights the uncertainty that prevails in the current sentiment.

Bollinger Bands Indicate Oversold Conditions

Furthermore, the recent chart indicators show the crypto trading near the bottom Bollinger Band, which is frequently followed by short-term reversals. The bands have widened, showing rising volatility following weeks of sideways price movements. The next level of resistance that SOL needs to achieve to stabilize itself is the middle band at $188.98.

SOLUSD 1D CHART | SOURCE: TradingView

Moreover, the RSI is at 37.28, which indicates that there is not much downside it could go before a possible relief rally. Any rebound out of this zone may revert the price to the range of $190-$200. The weakness that accompanies this under the lower band, however, might carry the losses to $150 with ease. Overall, this Solana price prediction indicates a critical point, where it is necessary to reclaim the $200 price to spark momentum toward the $260 mark.