Cryptocurrency Solana (SOL) shows an upward movement after rebounding from the $210 support level, consolidating near $216. Analysis indicates potential for further growth.
Support at $210
Solana (SOL) is trading at $223.76 with over $9.38 billion in trading volume. The token gained 4% in 24 hours and 6.63% over the week. The price remains above the $210 support level, which has consistently attracted buyers in recent sessions. The 4-hour chart shows SOL building a bullish structure with steady higher lows.
Resistance at $220
Analyst BitGuru noted: "$SOL continues to display a strong bullish structure, holding firm above $210 support while consolidating near $216." This $220 resistance has thus far capped the price, and a sustained breakout above this level could spark the next upward movement.
Market Outlook
According to Cipher X, "$SOL just cleared that $223 liquidity zone and structure still looks bullish." Holding above $223 could pave the way toward $240–$250. Immediate support is now seen around $215, while stronger demand may re-emerge near $200 if a deeper pullback occurs.
The combination of a strong rebound from $210 and the clearance of the $223 liquidity zone points toward continued buyer dominance. Current support levels create a promising opportunity for further growth for Solana.
