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September 2, 2025Crypto Potato logoCrypto Potato

Solana Rally Ahead? This Is The Key Breakout Line to Watch

TL;DR Solana holds $200 as bulls target $216 breakout, with $238 and the ATH levels in sight. $185–$190 order block aligns with trendline, offering support for a potential upward ￰0￱ accumulate SOL, with Galaxy Digital and DFDV buying over $180M in recent ￰1￱ Testing Key Support, Eyes on $216 Solana (SOL) was trading at $203 at press time, up 2% in the past 24 hours and 8% over the past ￰2￱ flipping $200 from resistance into support, the price is holding above this level, which is now being ￰3￱ Snyder, a crypto analyst, notes that reclaiming $216 could set the stage for a move toward $238. He adds that the all-time high around $262 could follow if momentum builds.

“As long as it trades above $180, the daily uptrend is intact,” he ￰4￱ range between $186 and $200 is viewed as a potential zone where buyers may step in after confirmation. $SOL fighting for $200 ￰5￱ flipped $200 resistance into support and still ￰6￱ $216 triggers a rally to $238, after $238 the ATH is ￰7￱ long as it trades above $180, the daily uptrend is ￰8￱ are for longs after ￰9￱ — Lennaert Snyder (@LennaertSnyder) September 1, 2025 Bullish Structure Around $185–$190 A separate chart from CryptosBatman shows that SOL may approach a key zone between $185 and $190. This area has previously acted as a base for upward moves and also lines up with an ascending trendline that has held since ￰10￱ is pulling back from the recent high near $215, and the next move may depend on how it behaves in this support ￰11￱ buyers step in again, the chart suggests that SOL could form a higher low and push back toward previous ￰12￱ confluence between the trendline and the order block makes this a critical zone to watch.) to Coinbase over the past five days.

Separately, DeFi Development Corp. (Nasdaq: DFDV) also confirmed the purchase of 407,247 SOL, valued at $77 ￰13￱ brings its total holdings to over 1.83 million SOL, now worth approximately $371 ￰14￱ company stated it still holds $40 million in cash for future SOL ￰15￱ movements come at a time when the price is consolidating and technical levels are being closely watched.

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