Solana ($SOL) Technical Analysis – September 12, 2025

Solana ($SOL) is finally showing real strength again, currently trading at $236.68, up nearly +3.5% today. After months of choppy sideways action, SOL has broken above the $200 level and is now pushing higher with strong momentum.

Where We Are Now

• The last major run in late 2024/early 2025 saw SOL touch levels near $290–$300.
• Since then, price retraced sharply, bottoming around $120 before building a steady recovery.
• Now, SOL has pumped back into the $230–$240 zone — a clear sign that bulls are back in control.

This pump brings SOL much closer to its old highs, but unlike $BNB (which already hit a new ATH), Solana still has work to do.

Key Levels

• Resistance:

  • $240: Current local resistance, being tested right now.
  • $260: The next big hurdle.
  • $290–$300: The ultimate challenge — the previous all-time high zone.

• Support:

  • $210: First line of support.
  • $190: Stronger base from the recent breakout.
  • $170: Critical support if momentum weakens.

What to Expect

• Bullish Scenario: If SOL breaks above $240 with volume, it could quickly move to $260 and prepare for a retest of the $290–$300 ATH zone. Momentum is strong, and traders are watching closely.
• Bearish Scenario: If rejection hits at $240, a pullback to $210–$190 is likely before another attempt higher.

Outlook

SOL is pumping hard and looks much stronger than in previous months. The path to an ATH retest at $300 is open, but it will take more volume and momentum to clear that level. Unlike BNB, which already broke into price discovery, Solana still needs to prove it can reclaim the highs.

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📊 Summary: Solana is back in play. Break $240–$260, and a full-on ATH retest becomes the likely next chapter. Fail here, and we may see another consolidation before the big move.

Do you think SOL has the strength to retest $300 this month, or will it stall out just below resistance first?