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Solana (SOL) Price Prediction for August 16

3d ago
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Solana-(SOL)-Price-Prediction-Aanalysis-This-Month

After dropping to $192 during the day, the price of Solana is holding steady around $197.50. This bounce back is happening because of strong spot inflows and a bounce off of important support zones. This suggests that bulls are trying to get back on track. The market is now at a very important point near the $200–$210 resistance area, where a lot of technical levels come together.

Solana Price Forecast Table: August 16, 2025

Indicator/ZoneLevel / Signal
Solana price today$197.49
Resistance 1$199.25
Resistance 2$210.00
Resistance 3$213.26
Support 1$194.10
Support 2$186.57
Support 3$176.21
RSI (30-min)62.65 (Bullish momentum)
DMI (+DI/-DI, ADX)29.20 / 26.48, ADX 11.21
EMA Cluster (4H)Bullishly aligned
Bollinger Bands (4H)Expanding, mid-band support
VWAP (Session)$196.32 (supportive)
Spot Netflow+$44.14M (bullish inflow)

What’s Happening With Solana’s Price?

SOL price dynamics (Source: TradingView)

SOL is trading in a rising channel on the daily chart. Since April, this channel has guided price action, and the current move is testing the upper half of the structure. The recent rise in price moved it from the $173–$176 channel midline support to $186, which is now a …

The post Solana (SOL) Price Prediction for August 16 appeared first on Coin Edition.

3d ago
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