Solana Moves Sideways Above The $200 Support

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Solana Moves Sideways Above The $200 Support

The price of Solana (SOL) rose to a high of $217 before retracing above the moving average lines.

The uptrend will continue if the current support at $185 or the 50-day SMA holds.

Solana price long-term prediction: bullish

Buyers failed to sustain their upside momentum above the $220 level, so the price retreated and is now just above the $200 support. A price indicator has shown that the cryptocurrency could move higher.

On the weekly chart, a retraced candlestick body has reached the 38.2% Fibonacci retracement level on June 16, as reported by Coinidol.com, suggesting that Solana will rise to the 2.618 Fibonacci extension or the $331.91 high. Meanwhile, SOL has risen above the $200 support level.

SOL price indicators analysis

The weekly chart shows that the price bars are above the moving average lines, indicating that the cryptocurrency will continue to rise. On the 4-hour chart, the price bars are below the moving average lines, indicating a downtrend. The sideways trend of this chart means that the moving average lines are horizontal.

SOL/USD price weekly chart – September, 2025

Technical indicators

Key supply zones: $220, $240, $260

• Key demand zones: $140, $120, $100

What is the next move for Solana？

The Solana price continues its uptrend above the $200 support. On the 4-hour chart, the altcoin is correcting upwards while moving sideways.

SOL/USD price 4-hour chart – September 7, 2025

The upward movement is expected to meet resistance at the moving average lines and will continue if buyers keep the price above the moving averages. The sideways movement will continue between the $195 support and the $212 resistance if the buyers are unable to break above the moving averages.