Solana price solid before breakout: new ATH soon?

Solana prices have fluctuated for a year and a half, but

Solana

3.06%

According to DefiLlama, Trench is off the charts active, with DEX trading volume reaching $140 billion. The Solana ETF decision is expected tomorrow and could be a big catalyst for upside. At the very least, it is expected to cause an increase in volatility. So what can we learn from SOL’s latest price movements?

$SOL: No major progress so far. The price is trying to break above, but momentum remains weak. The $180.38 to $195.62 support zone is likely to be tested again. However, a decisive break above $211 could shift focus to the next resistance… pic.twitter.com/yJuyJTj3GO

— Morecryptoonl (@Morecryptoonl) October 15, 2025

Retrieving the green line from the X post above would be a great start for the bulls. More Crypto Online uses Elliott Waves for analysis. That’s what the numbers and letters on the chart represent, according to the old idea that the market moves in “waves” of 3 and 5. Some traders have mastered it and are using this theory to make profits.

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(Source – Tradingview, SOLBTC)

Before analyzing the SOL USD pair, let’s take a look at how Solana’s price is trending versus the SOL USD pair.

Bitcoin

0.16%

In this daily time frame, we see the price forming a bottom in the first half of 2025 and entering a bullish market structure in the second half so far with highs achieved in September and highs that retest the MA200. This is the perfect setup for continued ascent.

Is Solana priced before ATH accumulation?

(Source – Tradingview, SOLUSD)

On the weekly time frame, Solana is in an easily identified range between $120 and $260. That range spans $140. We see a divergence indicating the 2021 SFP and the subsequent 2025 low. The moving averages are trending up, and on a volatile last Friday, the price retested the MA100 and the candlestick closed above the MA50 again. It looks like the price will consolidate before breaking out of this range. And unless the low of this range ($120) is broken, the untested area is likely to remain untested. RSI is free to go up.

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(Source – Tradingview, SOLUSD)

Next, analyze the 1D chart. Here we can identify a few more support and resistance zones at ~$180 and ~$210. The moving averages are currently forming an uptrend, with MA200 acting as support for the past few days. The RSI has completely reset and is rising to the top half of the range.

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Will SOL reach the new ATH soon?

(Source – Tradingview, SOLUSD)

The last chart in today’s analysis will be on the 4H timeframe. Here you can see a little more about how last Friday fared on the charts. Here is the confirmed MSB. Last week’s article discussed a divestiture scenario that rejects deviation cases. And that’s what happened. The bearish order block happened to be a strong resistance level, and once the price fell below all moving averages, it fell fast. For now, the $180 support level is holding. Solana Price has some work to do, but it needs to recover $220 and trade above all MAs before a stronger upward impulse occurs.

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