Is Solana (SOL) Price Ready for Its Next Rally? Key Levels Analysts Are Watching

By Afe Funbi

Kraken

Key highlights:

  • SOL price holds key support zones after retesting its $210 breakout area and forming higher lows.
  • Analysts outline resistance near $245-$250 and chart extensions pointing toward a possible next rally phase.
  • Weekly charts show strong structural support around $188-$190, giving SOL room to build for future upside moves.

Solana price prediction: Can SOL break above $250 and target $320 next?

SOL is trading near $218.19, and traders are watching closely as several well-followed analysts share new chart setups. 

Updates from Ali Martinez, Altcoin Ardi, and Crypto Scient all show Solana price holding key supports and setting up for a possible move higher. Together, their analysis points to a strong technical base and outlines what levels could matter most if a breakout gathers steam.

SOL price pulls back to retest the $210 breakout zone

Analyst Ali Martinez posted that Solana “retested the $210 breakout zone” and is now “preparing for the next leg up to $320.” 

His SOL chart shows an ascending triangle that formed through spring and summer, with a ceiling near $205-$210. That level finally broke in September, giving a fresh boost to the long-term trend. After the breakout, Solana price slid back to test the shelf, tagging $210-$206, and then held firm.

Ali’s Fibonacci map points to what could come next. Immediate resistance stands at $245-$250, with further extensions near $277.18, $320.99, and $362.23. 

He notes that the bullish case depends on daily closes above $210 and a series of higher lows along the rising trendline now running from the upper $190s to $205. A close back under $205-$210 would risk sending SOL to deeper supports near $176, $156, and $144.

Solana price channel retest and near-term levels

Analyst Altcoin Ardi offered a shorter-term view, calling the current move a “bullish retest sitting in the channel” after he predicted a drop to $218, a target that has played out. 

His chart shows Solana moving inside a rising channel since early August, hitting $244-$245 before a four-day slide returned SOL price to the 38.2% Fibonacci retracement near $218.4. Right now, candles rest on the lower rail of that channel, creating a classic support confluence.

Ardi says a dip toward $202-$210 could still happen if the lower channel rail breaks on a daily close. Beneath that lies the 61.8% retracement at $202.3, and a deeper fallback to $176.3 if pressure builds. 

Resistance levels to watch include $232-$235 inside the channel, $244-$245 at the previous peak, and $260.8 as a stretch goal. For bulls, a wick through $218 that closes back above $219-$220 followed by a push toward $232-$235 would confirm strength.

SOL weekly breakout and higher-timeframe support

Taking a wider view, analyst Crypto Scient pointed out that the Solana price has been “breaking out of the weekly range and now stalling at ATH supply,” which he sees as normal after a strong run. 

His weekly chart highlights a breakout that began around seven weeks ago and now tests supply near the 0.786 retrace at $236. Above that zone sits historical supply from the mid-$240s to high-$250s, while the old breakout base around $188-$190 remains the first line of major support.

He also marked $190-$175 as a “weekly breaker,” a zone where he would “size heavy and rotate a good chunk of my ETH bag into SOL” if the market offers a retest. 

A weekly close above $188-$190 keeps the breakout alive, while a clean move over $236 could set up targets near $245-$260. A weekly loss of $175 would weaken the structure and could open the way toward the $160s or even $116 as deeper supports.

Outlook for Solana price

Bringing these views together gives a detailed roadmap for SOL’s next moves. In the short term, the $210 breakout point and the $218 retest of the channel are key to watch.

Backing those up with ongoing higher highs on the rising trendline could drive a move up to $245-$250 and then into the Fibonacci levels at $277 and $320. Failing to hold them would shift interest toward $202-$190, and even $176, if momentum fades.

With SOL trading near $218.19, the next sessions will show if buyers can defend these supports and build enough pressure to break past first resistance. 

The bullish setup shows up in CoinCodex’s Solana price prediction too, if the charts play out, SOL price could break above $245-$250 in the next few weeks and may even push toward $320 on the next strong rally.

Source:: Is Solana (SOL) Price Ready for Its Next Rally? Key Levels Analysts Are Watching