Saad Ullah
Solana (SOL) has emerged as one of the standout performers in the recent crypto recovery, demonstrating remarkable resilience after weathering earlier market turbulence. With bulls firmly back in control, SOL is now positioned at a critical juncture that could determine its next major price move. The asset's ability to maintain momentum above key support levels has captured trader attention, setting the stage for what many believe could be a significant breakout phase.
SOL Price Shows Renewed Strength After Pullback
Solana continues to attract attention as buyers step back into the market. Famous trader recently highlighted the compelling price action, noting that Solana's double bottom formation and subsequent rallies showcase impressive market resilience.
His analysis suggests that breaking through the $210 resistance could trigger the next major upward movement.
After a brief pullback, the asset has regained momentum and is trading close to $207–$210, signaling that bulls aren't ready to surrender control.
Technical Patterns Point to Bullish Continuation
The 4-hour chart reveals Solana's impressive momentum with two notable surges: a robust 20% rally adding $35.42, followed by another 14% jump contributing $26.15. Despite brief consolidation attempts, the market consistently found solid support, creating an increasingly bullish technical setup.
Current price action suggests buyers are accumulating positions in anticipation of the next leg higher. The repeated bounces from support levels indicate strong underlying demand that could fuel sustained upward pressure.
$210 Resistance Becomes the Make-or-Break Level
All eyes are now focused on the $210 resistance zone, which has emerged as the critical breakout point. A decisive move above this threshold would likely accelerate momentum toward the $220–$230 range, with sustained buying pressure potentially driving SOL toward $250.
However, maintaining support above $190 remains crucial for preserving the bullish outlook. A failure to hold this level could signal a deeper correction and temporarily derail the current upward trajectory.
Market Sentiment Remains Optimistic Despite Volatility
Overall sentiment toward Solana stays positive, with the chart displaying repeated rally attempts backed by increasing volume and favorable technical indicators. This combination suggests traders are strategically positioning for a breakout, making $210 the pivotal level that could unlock significant upside potential.
Should bulls successfully push through resistance, Solana could attract renewed institutional and retail interest, potentially setting the foundation for another powerful rally as we move through September.
Saad Ullah
