Technical analysis by BeInCrypto about Symbol SOL on 10/8/2025

At press time, Solana trades at $222, hovering just above the $221 support level. The altcoin has been in a consistent upward trend for the past three and a half months, making this level crucial for maintaining market structure. Given current conditions, a dip to $213 seems likely if selling pressure increases. Stronger outflows could accelerate losses, pushing SOL to test the $200 level and breaking its multi-month uptrend. Conversely, if Solana rebounds from $221 and market sentiment improves, it could climb toward $232 and beyond. Such a move would invalidate the bearish outlook and potentially reignite the rally.