Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert
Zero fees, no slippage
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
Solana Holds Steady as Weekly Chart Points Toward $250 and $300 Higher Targets

Solana Holds Steady as Weekly Chart Points Toward $250 and $300 Higher Targets

CryptonewslandCryptonewsland2025/08/24 21:00
By:by Vee Peninah
  • Solana trades at $208.22, holding support at $200.91 and facing immediate resistance near $210.85 on the weekly chart.
  • The chart structure shows higher lows since May, reinforcing steady momentum with $250 marked as the next projected target.
  • In the case of $250 clearing, a significant obstacle lies around the $300 mark, which coincides with previous tested resistance points on the weekly trend.

Solana is currently trading high at a price of $208.22 and its support has been formed at a price of $200.91, with an increase of 2.1% in the last 24 hours. The long-term trend is becoming gradually more bullish, with the base trend recently gaining momentum on the back of an ascending pattern that has been supporting the upward dynamic since summer.

At the moment, resistance is placed around $210.85, whereas future new highs are predicted to be around $250, and even higher. Notably, trading momentum has expanded, suggesting price remains comfortably above key support.

Solana Shows Controlled Progress Amid Strong Support a

Current data indicates Solana maintains stability above $200.91, which has acted as a foundation for recent trading sessions. This support level has consistently absorbed downward pressure, providing buyers a firm base to defend against short-term volatility.

On the opposite side, resistance is measured at $210.85, restricting immediate advances. However, price action approaching this ceiling reflects rising momentum, as each retracement has produced higher lows on the weekly chart. This technical structure demonstrates controlled progress, with resistance now defining the next short-term hurdle.

Solana Maintains Strength Through Rising Support and Steady Momentum

The broader weekly chart outlines a pattern of higher lows, showing continuous strength despite earlier retracements. This structure has allowed Solana to recover steadily from previous declines, and the latest movement reinforces that trend.

$SOL weekly looks incredible.

$250 this week, then $300+ shortly after IMO pic.twitter.com/jNMaV4zjuK

— Rendoshi Ondomoto ⭕️ (@Rendoshi1) August 24, 2025

Notably, price momentum shows a projected target near $250. The chart highlights that once the $210.85 resistance level is tested, the path toward this region opens. This scenario builds on the established rising formation that has shaped the token’s trajectory since May.

Trading volumes have aligned with upward shifts, supporting the view that buyers remain active during upward corrections. The consolidation phases observed in prior weeks have also contributed to stability, limiting steep declines.

Solana Eyes Next Resistance as Uptrend Maintains Momentum

Above $250, the chart highlights $300 as the next major resistance target. The weekly trendline suggests that once $250 is achieved, the following level aligns with previous resistance points tested earlier in the year.

Until then, the market remains focused on the immediate range between $200.91 and $210.85. The stability above support continues to define Solana’s short-term standing, while gradual gains reinforce the broader trend.

The upward arrow reflected on the chart points to projected continuation, with $295 to $300 highlighted as potential zones. Notably, this aligns with the ascending slope that has carried the token higher, connecting the sequence of higher lows with upcoming resistance levels.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like