{"content":"Solana Holds Strong ⚡ – Key Levels to Watch Before the Next Surge Solana rose over $240 again. SOL price is consolidating gains below $240 and may rise again if it remains over $230. SOL price rose over $240 and $242 vs the US Dollar. The price is below $240 and the 100-hourly SMA. On the hourly SOL/USD chart, a negative trend line with resistance at $238 is formed. If it falls below $230, losses may continue. Price of Solana consolidates gains After settling at $220, Solana price rose, surpassing Bitcoin and Ethereum. SOL entered a short-term bullish zone over $235. The price broke $242 barrier. Price broke $245 thanks to bulls. Price just begun a negative decline after hitting $250. A drop below the 23.6% Fib retracement line of the ascending wave from $200 swing low to $250 high occurred. Bulls were active over $230. Solana is below $240 and the 100-hour SMA. The price faces upward resistance at $238. In addition, the hourly SOL/USD chart shows a negative trend line with resistance around $238. Near $242 is the next significant resistance. The primary obstacle may be $250. Close over $250 resistance might lay the stage for another sustained rise. The next hurdle is $262. More advances might push the price toward $280. More SOL downside? SOL might tumble again if it fails to break $238 barrier. Near $232 is first downside support. The first key support is $229, the 50% Fib retracement level of the ascending wave from $200 swing low to $250 high. Breach below $229 might drive price below $220 support. If the price closes below $220, it may fall to $212. Tech Indicators Hourly MACD - SOL/USD MACD is falling in the positive zone. Hourly RSI – RSI for SOL/USD is below 50. Major Support Levels: $229, $220. Two major resistance levels: $238 and $250. #solana #AltcoinSeasonComing? #FedRateCutExpectations #StrategyBTCPurchase #Write2Earn $XRP $SOL $ETH ","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025092025/09/17/f01d254539e940e48e12b7cc9c3d8efa.png"],"tags":[],"tradingPairs":["ETH/USDT"],"quotearticleid":0}