Solana Tries to Get Up Off the Floor-Will It Trip Again?

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Solana’s making a comeback from $195-look at this, the price wants to run, but between you and me, it’s got all the agility of a guy chasing a bus in flip-flops. Might go above $205, or maybe it’ll just take a nap. 🤷‍♂️

  • So, SOL took a nosedive at $195. It’s recovering. Everyone’s relieved, sorta.
  • Currently, it’s hanging out under $205. You’d think that would be a good number, but apparently not good enough for the fancy moving averages. Blame math, I guess.
  • Hey, there was a breakout! Above a “bearish trend line” at $201. On charts, this probably means something. I mean, I’ve seen trend lines before-most of them are more confusing than Larry’s relationship decisions.
  • If this thing actually gets above $205? Boom, we’re living in a new world. Or we’re not. Who can say?

Solana Price Eyes Recovery, Like a Guy Looking for His Keys

After tanking beneath $205 (thanks for nothing), Solana’s price fell just like your Wi-Fi when you actually need it. It dropped under $200, even under $195, and everyone panicked slightly, just enough for dramatic pause.

Then a beautiful thing happened-well, not beautiful, more like “interesting.” It formed a low at $194 and now, like your uncle after his fifth coffee, it’s trying to rally. Passed $198! Passed $200! We’re all so proud. 🏅

And don’t forget that big break above the trend line at $201. The charts look excited. The price, meanwhile, is still stuck below $205 and can’t sprint past the 100-hourly simple moving average. Either that average hates Solana, or Solana hates averages.

On the way up, $202 is yawning and asking “You sure you’re ready?” $205 is the big cheese, apparently. Then $209-maybe that’s where the party is. If it actually breaks $209, maybe, just maybe, it’ll pop off toward $218 or even $225. But I wouldn’t bet my sandwich on it. 🍞

Another Decline In SOL? Let’s Not Get Overexcited

If Solana flops and can’t clear $205, well, it’s headed down. First support: $200. Not thrilling. Next up: $195. That’s the last lifeboat before $188-then, who knows? Maybe $184 if everything goes sideways, which is honestly expected at this stage.

Technical Indicators (because you probably like charts):

Hourly MACD: Apparently bullish. Whatever that means, sounds optimistic, right?

Hourly RSI: Chill, above 50. Not winning awards, but not embarrassed either.

Major supports – $200 and $195. Major resistance – $205 and $209. So many numbers, so little faith.

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2025-09-02 08:49