Solana Price Could Jump Toward $210 If Buyers Defend Key Support

Solana price is in the $185 range, rebounding from a recent correction that followed a rejection around $250. Despite the pullback, analysts believe that holding this support could trigger a recovery towards the $210 mark.

Solana Price Bounce Toward $210 Looks Imminent

Analyst Ali Charts noted that SOL price is showing signs of a bounce. It comes after testing the key support zone around $180. His chart showed a bullish formation on the 4-hour timeframe with targets at $195 and $210 if the recovery continues.

According to Ali, the short-term structure supports buyers, provided the price is above $181.He said a retracement of the $190–$195 band would confirm bullish continuation. This could push the Solana price toward the upper edge of the range.

The analyst highlighted that market structure remains positive despite recent market volatility. He warned that a drop below $178 would cancel the short-term bullish view. It could then expose lower support levels around $165.

Bottom Structure May Precede $400 Surge

Drew outlined a broader bullish projection. He suggested that the SOL price could reach as high as $400 to $500 by late November. He pointed out the $180 zone, where there have been multiple buying interests for a double-bottom formation.

Drew’s daily chart indicated a clear accumulation base between $143 and $185. This was similar to cyclical bottom formations that occurred before significant rallies. If this is true, the next expansion phase could bring gains of more than 100%.

However, he warned that it needs a solid continuation higher above $210 with volume support. Without that momentum, the Solana price could consolidate for a longer period before any breakout attempt.

His analysis presents a medium-term bullish bias, taking into account near-term volatility.

Elliott Wave Insights: Analyst Tony Highlights Key Levels for Solana Price

Furthermore, crypto analyst Tony broke down Solana’s recent structure based on the Elliott Wave Theory. He also explained how this move is corrective rather than impulsive.

He said there are opportunities for short-term traders to capitalize on. However, he warned of possible retracements before a stronger uptrend develops.

According to Tony, $193 is a significant support level to watch. If the SOL price is rejected at that level, it may face another short-term dip. A decisive breakout instead could drive stronger bullish momentum.

He said his near-term approach is to take the profits during relief rallies before repositioning on deeper pullbacks. This cautious stance mirrors the broader altcoin market sentiment. Solana price, like others, remains highly volatile.

$233-$253 Resistance Confirms Direction of Trend

BitGuru noted that the SOL price experienced several rejections around $253. This created a significant peak before a downtrend. The failed breakouts were indicative of exhaustion, and sharp corrections were noted across major timeframes.

He mentioned that the market is currently attempting to regain the $180 zone, with the next target around $200. A sustained recovery beyond this level would reopen the way to $230-$250, resuming medium-term momentum.

Meanwhile, Lennaert Snyder depicted the Solana price as bearish after it broke from the $250 handle. He added that the downtrend remains intact until the SOL price reclaims the $233 resistance. It is now the critical pivot.

Snyder outlined multiple support layers underneath, suggesting traders pay more attention to reaction zones than they do chasing rallies. He anticipates a range-bound movement until a breakout above $233 provides a decisive market signal, indicating a clear bullish continuation.