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October 16, 2025BitcoinSistemi logoBitcoinSistemi

What's the Latest Situation in Solana? Analysis Firm Warns! "These Levels Are Critical, They Will Determine Rise or Fall!"

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!"

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