Cryptocurrency experts predict Solana’s rapid growth to $ 220

A fresh technical analysis by financial expert Aayush Jindal shows that Solana SOL $187.68 Binance-Peg SOL -1.54% Market capitalization $0.21 billion VOL. 24 hours $0.7 billion is currently holding a key support level near $ 188. Despite a slight decline, the coin demonstrates resilience and potential for further growth. An important sign is the maintenance of this level amid a general market correction.

The analyst draws attention to the price chart, which shows the formation of a new local low with a possible transition to an upward movement. From a technical standpoint, support at $ 188 is critical — breaking through it could open the way to a deeper decline. At the same time, price stabilization in this zone could push the asset to a new stage of growth.

Resistance levels near $ 195 and $ 202 are considered important benchmarks for growth. A breakthrough through these levels could activate buyers and provide an impetus for further upward movement. Technical indicators signal a gradual resumption of pressure from buyers, which indicates the potential end of the correction phase.

The main resistance may be the $ 202 level. A successful close above the $ 202 resistance zone could set the pace for further sustainable growth. The next key resistance is $ 210. Any further growth could send the price to $ 220.

In the short term, traders should keep an eye on the dynamics around $ 188. This level acts as a «filter» for further movement: holding is a buy signal, and breaking through is a reason for caution. Given the general tone of the market, the coming days may be crucial for the future direction of SOL’s price dynamics.

The analytical model assumes a moderate recovery scenario if there is no negative macroeconomic or industry news. In the event of positive dynamics, the next targets for bitcoin and altcoins, including Solana, may be revised upward.