Technical analysis by BeInCrypto about Symbol SOL on 9/9/2025

At the time of writing, Solana trades at $219, holding firm above its $214 support floor. This represents a seven-month high, with the token facing resistance at $221. Sustaining this level will be crucial in shaping short-term direction. Should momentum fade, Solana’s price could retrace to $206 or even lower, testing $195 as support. Such a correction would align with the RSI and address data signals pointing to short-term cooling. Conversely, if existing SOL holders increase demand, the altcoin could defy bearish signals. A breakout above $221 would strengthen the bullish case, potentially driving Solana toward $232 and invalidating expectations of an imminent decline.