Solana (SOL) Price Prediction for August 16

After dropping to $192 during the day, the price of Solana is holding steady around $197.50. This bounce back is happening because of strong spot inflows and a bounce off of important support zones. This suggests that bulls are trying to get back on track. The market is now at a very important point near the $200–$210 resistance area, where a lot of technical levels come together.

Solana Price Forecast Table: August 16, 2025

What‘s Happening With Solana’s Price？

SOL price dynamics (Source: TradingView)

SOL is trading in a rising channel on the daily chart. Since April, this channel has guided price action, and the current move is testing the upper half of the structure. The recent rise in price moved it from the $173–$176 channel midline support to $186, which is now a short-term demand zone.

SOL price dynamics (Source: TradingView)

The weekly structure shows an attempt to break out above previous liquidity pockets around $195, with the next big liquidity magnet at $210. However, the $210–$252 zone also matches up with historical sell-side pressure from late 2024, which makes it a key level for the trend to continue.

SOL price dynamics (Source: TradingView)

Fibonacci retracement levels place $171.30 as the main mid-support, with $150.44 and $142.12 forming deeper downside cushions. On the upside, $252.06 remains the primary Fibonacci resistance in the broader range, but bulls need to first clear $210 for momentum to accelerate toward that level.

Directional Movement Index (DMI) readings show +DI at 29.20 above -DI at 26.48, with ADX near 11.21, signaling a developing but not yet strong trend. This aligns with the current consolidation near a key breakout threshold.

Why Is The Solana Price Going Up Today？

SOL Spot Inflow/Outflow Data (Source: Coinglass)

On-chain spot flows support the latest upside push in Solana price. Data shows a $44.14M net inflow on August 15, indicating strong buy-side participation. This capital injection has coincided with a bounce from the 4-hour EMA cluster, where the 20 EMA at $194.10 and the 50 EMA at $186.57 provided a solid support base.

Bollinger Bands on the 4-hour chart reveal price rebounding from the mid-band ($194.01) after briefly pulling back from the upper band at $213.26. This bounce suggests buyers are defending the short-term trend.

SOL price dynamics (Source: TradingView)

On the 30-minute timeframe, SOL is trading above the session VWAP at $196.32, with RSI at 62.65, indicating moderate bullish momentum without overbought pressure.

Bollinger Bands, EMAs, and VWAP Signal Short-Term Stability

SOL price dynamics (Source: TradingView)

The 4-hour EMA stack (20/50/100/200) remains bullishly aligned, with the 200 EMA providing long-term support at $176.21. Price continues to respect this alignment, signaling sustained bullish structure.

Bollinger Band expansion from August 13s breakout remains intact, though the recent pullback has allowed volatility to compress slightly, often a setup for the next directional leg.

VWAP positioning above key support levels reinforces the idea of ongoing institutional buy-side interest, especially as price trades comfortably within the upper quartile of the weeks range.

SOL Price Prediction: Short-Term Outlook (24H)

If Solanas price today breaks and sustains above $199.25, the next upside targets are $210 and $213.26. A decisive close above $213 could trigger acceleration toward $225–$230, especially if accompanied by rising ADX readings.

On the downside, a failure to hold $194 could invite a pullback toward $186.57, where the 50 EMA aligns with horizontal support. A deeper correction would find the next demand zone between $176 and $174.76, corresponding to the 200 EMA and lower channel boundary.

Given the confluence of strong inflows, supportive EMA structure, and the rising channel trend, the short-term bias remains cautiously bullish, but traders should watch $210 as the pivotal breakout level.