Solana Backtracks As It Hits The $205 Barrier

Solana price analysis by Coinidol.com. The bulls bought the dips, but the price continues to fluctuate within the bearish trend zone.

Solana's (SOL) price has fallen below the moving average lines, reaching a low of $191. The altcoin is trading above the $190 support but remains below the moving average lines.

Solana price long-term prediction: bullish

Today, the 50-day SMA barrier has halted the upward correction. If buyers fail to keep the price above the moving average lines, the altcoin will continue to decline.

Currently, the altcoin is retreating from the 50-day SMA level. If the bears break the current support at $190, Solana could return to its previous low of $175. Meanwhile, Solana is trading in a narrow range below the moving average lines and is currently at $211.

Technical indicators

• Key supply zones: $220, $240, $260

• Key demand zones: $140, $120, $100

SOL price indicators analysis

The price bars are below the moving average lines, which are trending upwards. On the 4-hour chart, the moving average lines slope downwards, with the price bars positioned below them. This indicates the ongoing decline, which is nearing bearish exhaustion. In this scenario, the 21-day SMA has fallen below the 50-day SMA. The 21-day moving average line now acts as resistance for the price bars.

SOL/USD daily chart - September 28, 2025

What is the next move for SOL?

Solana price has stalled after rebounding above the $190 support level since September 25. The altcoin is trading above the $190 support but below the 21-day SMA resistance at $205. The upward correction has been halted by the 21-day SMA barrier, and the upward movement has paused at this level.

SOL/USD 4-hour chart - September 28, 2025

Disclaimer. This analysis and forecast are the personal opinions of the author. The data provided is collected by the author and is not sponsored by any company or token developer. This is not a recommendation to buy or sell cryptocurrency and should not be viewed as an endorsement by Coinidol.com. Readers should do their research before investing in funds.