Cryptocurrency analysis firm MakroVision published its latest analysis for Solana (SOL), stating that the technical outlook for Solana remains 0 noted that Solana recently broke out of its uptrend line, indicating significant 1 stated that after the trend line was broken, the Solana price fell to the 0.5 Fibonacci level, approximately $173, and that the price recovered slightly, but the overall structure remained 2 breakout that analysts predicted occurred during the major crash last Friday. Analysts, who didn't paint an optimistic picture for Solana, shared their short-term and long-term forecasts. Accordingly, they noted that the area between $192 and $188 for the SOL price acts as short-term 3 predicted that Solana could rise again if this zone is maintained, pointing to $204 and $223 as resistance 4 the other hand, failure to defend this zone may cause the Solana price to decline to the lower support level around $159.
“The first hurdles for Solana are located at $204 and $223, with both areas currently acting as critical resistance.” It was stated that if the bulls gain the $223 level and stay above this level, the Solana price may experience a recovery towards $246 – $264. Analysts recently noted that Solana, like other altcoins, is experiencing a rapid correction and has already reached important support 5 predict that if Solana holds the $192-$188 range, the larger bullish scenario remains intact. However, a sustained correction could see Solana test the lower support area around $159. #Solana Chart Update SOL hat nach dem Bruch der roten Aufwärtstrendlinie deutliche Schwäche gezeigt und ist im Tief bis zum 0,5er Fibonacci-Level bei ~$173 6 dort aus konnte sich der Kurs bislang leicht erholen – die übergeordnete Struktur bleibt jedoch… 7 — MakroVision Research (@MakroVisionDE) October 15, 2025 *This is not investment 8 Reading: What's the Latest Situation in Solana?
Analysis Firm Warns! "These Levels Are Critical, They Will Determine Rise or Fall!"
Story Tags

Latest news and analysis from BitcoinSistemi