Solana Price Surpasses $200 Amid Resistance Challenges
- Solana (SOL) price increased above the $188 resistance level.
- SOL is trading above $195 and the 100-hourly simple moving average.
- A bullish trend line forms with support at $196 on the SOL/USD hourly chart.
- The price faces resistance near the $205 and $212 levels.
- A high was recorded at $206, with consolidation near the 23.6% Fib retracement level.
Solana’s price has climbed above key resistance levels, reaching a high of $206, but it encounters significant resistance around the $205 mark, with support forming at $196.
