- Solana is showing strength near $190, and traders think this could be the starting point for another big upward move soon.
- Analysts see steady buying pressure keeping Solana’s trend alive, with prices holding firm and ready for the next rally.
- Buyers are active again around $190, and if momentum keeps building, Solana could climb fast toward the $230–$290 zone.
Solana (SOL) is trading at a crucial level with the market now testing a significant support region near $190–$195, which could determine whether the next major rally begins. Analysts are increasingly optimistic, noting strong technical alignment for a rebound toward higher levels if current supports remain intact.
According to analyst Ali, Solana’s price movement between April and late October 2025 has consistently stayed inside an ascending parallel channel. The structure reflects steady bullish behavior with repetitive higher highs and higher lows.
Ali explained that “Solana $SOL holding $180 could be the setup for a rebound to $230 and maybe even $290.” This statement underscores the importance of the $180 region, which forms the channel’s lower boundary. Moreover, the chart shows price consolidation near $193.99, suggesting equilibrium before a potential upward continuation.
SOL continued to move within a channel during this cycle, rising as high as $260 by early October after bouncing from its lower limits around $120 in April. As a result, recent rebound setups that preceded significant surges are reflected in the current consolidation at the lower edge. Additionally, the midline around $210–$230 continues acting as a crucial pivot zone, where price often stabilizes before extending upward.
Meanwhile, market analyst StefanB observes similar momentum on the daily SOL/USDT chart. He noted that “$SOL looks quite ready for a 12% pump here. Key s/r reclaimed, most likely will go ahead and tap the supply area into 215 zone.”
His analysis highlights candles confirming strong demand around $190, reinforcing Ali’s view of an impending bullish wave. Furthermore, StefanB points to a yellow descending trendline that buyers are attempting to break, a move that could trigger a fresh upward rally.
Besides, both analyses show Solana preparing for renewed bullish activity. Hence, a breakout above the resistance line could accelerate movement toward $230 and possibly $290.
