Solana (SOL) Defends Critical Support Zone, Preparing for Next Major Increase?

Solana (SOL) Defends Critical Support Zone, Preparing for Next Major Increase?
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Solana started a fresh increase above the $185 zone. SOL price is now consolidating above $190 and might aim for more gains above the $200 zone.

SOL price started a fresh upward move above the $185 and $192 levels against the US Dollar.
The price is now trading above $190 and the 100-hourly simple moving average.
There was a break below a bullish trend line with support at $202 on the hourly chart of the SOL/USD pair (data source from Kraken).
The pair could extend gains if it clears the $198 resistance zone.

Solana Price Aims For Fresh Increase
Solana price started a decent increase after it found support near the $185 zone, like Bitcoin and Ethereum. SOL climbed above the $192 level to enter a short-term positive zone.
The price even smashed the $200 resistance. The bulls were able to push the price above the $202 barrier. A high was formed at $210 and the price recently corrected gains below the 23.6% Fib retracement level of the upward move from the $174 swing low to

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We współpracy z: https://www.newsbtc.com/analysis/solana-sol-defends-support-188/

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