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Looking ahead, the forecast remains cautiously optimistic but hinges entirely on the pivotal $214 price level. The weekly chart continues to provide a strong bullish tailwind, with a positive MACD, DMI, and the price holding firmly above key moving averages. This indicates that the foundational structure for a continued bull run is intact.
Based on the analysis, the key zone to watch for this bounce to materialize is between $210 and $214. A successful defense of this level could propel the price toward the next significant resistance at $220, a break of which would lend strong confirmation to the corrective bounce theory. Given Solana’s history of high-velocity moves, any such turn could be rapid.
The primary target for this corrective wave lies significantly lower, at the confluence of major weekly support around the $195–$200 level. This price zone represents a critical test for the long-term bullish thesis
