{"id":51330,"date":"2025-10-11T21:02:42","date_gmt":"2025-10-11T14:02:42","guid":{"rendered":"https:\/\/hbbgroup.net\/solana-sol-price-risks-drop-below-200-after-losing-key-support-analyst-warns\/"},"modified":"2025-10-11T21:02:42","modified_gmt":"2025-10-11T14:02:42","slug":"solana-sol-price-risks-drop-below-200-after-losing-key-support-analyst-warns","status":"publish","type":"post","link":"https:\/\/hbbgroup.net\/vi\/solana-sol-price-risks-drop-below-200-after-losing-key-support-analyst-warns\/","title":{"rendered":"Solana (SOL) Price Risks Drop Below $200 After Losing Key Support, Analyst Warns"},"content":{"rendered":"<div id=\"ftwp-postcontent\">\n<p>Amid the recent market volatility, Solana (SOL) has lost a crucial area for the first time in over a week, leading some analysts to forecast a potential drop toward the $200 support and below in the coming days.<\/p>\n<h2 id=\"ftoc-heading-1\">Solana Pullback Eyes $200 Retest<\/h2>\n<p>Solana fell from the $225 area and recorded a 6.6% intraday retrace below the $210 level for the first time in two weeks. Notably, the cryptocurrency has been trading within the $210-$245 levels over the past month, briefly losing this range during the late September pullback.<\/p>\n<p>As \u201cUptober\u201d arrived and the overall crypto market <a href=\"https:\/\/www.newsbtc.com\/news\/solana-uptober-beings-220-retest-second-expansion-wave\/\" target=\"_blank\">recovered<\/a>, the altcoin bounced from the recent lows, reclaiming the mid-zone of its local price range. Over the past week, SOL traded within the $220-$235 area, retesting both the upper and lower boundaries of this zone throughout this week\u2019s volatile market performance.<\/p>\n<p>Multiple market watchers warned that losing $215-$220 area could determine whether SOL\u2019s short-term rally was at risk. On Friday morning, the altcoin lost this crucial zone, hitting a one-week low of $207.<\/p>\n<p>Analyst Crypto Batman <a href=\"https:\/\/x.com\/CryptosBatman\/status\/1976663259064459688\" target=\"_blank\" rel=\"nofollow\">forecasted<\/a> that Solana would likely head lower before bouncing, highlighting two key support areas. He suggested that the altcoin\u2019 could retrace deeper into its Bullish Fair Value Gap (FVG), between $210-$220, which previously served as a key resistance level.<\/p>\n<p>However, if the price continues to fall, he <a href=\"https:\/\/www.newsbtc.com\/news\/solana\/solana-price-looks-explosive\/\" target=\"_blank\">pointed<\/a> out that a retest of SOL\u2019s two-month ascending trendline, currently around the $200 mark, would be possible. This trendline was tested as support in late September, when the altcoin fell to the $190 level.<\/p>\n<p>Similarly, Crypto analyst Man of Bitcoin had <a href=\"https:\/\/x.com\/Manofbitcoin\/status\/1976551243251364201\" target=\"_blank\" rel=\"nofollow\">affirmed<\/a> that holding the $216 level was crucial to preserve a bullish scenario in which the cryptocurrency rallied toward the $270 without major pullbacks.<\/p>\n<p>The analyst cautioned that losing this area would invalidate the bullish setup and likely push the price down toward the local range lows, potentially risking a drop to the $200 barrier.<\/p>\n<h2 id=\"ftoc-heading-2\">SOL\u2019s Make-Or-Break Level<\/h2>\n<p>Meanwhile, market watcher Follis recently <a href=\"https:\/\/x.com\/follis_\/status\/1975965025560035455\" target=\"_blank\" rel=\"nofollow\">stated<\/a> that SOL has \u201cone of the cleanest\u201d high timeframe charts in the market. He noted that Solana\u2019s 100-day Exponential Moving Average (EMA) indicator in the daily chart holds \u201cthe key.\u201d<\/p>\n<p>Notably, this indicator, <a href=\"https:\/\/www.newsbtc.com\/news\/dogecoin\/dogecoin-price-surge-3690-9-8\/\" target=\"_blank\">currently<\/a> sitting around the $200 area, has been tested as support and bounced from each time the cryptocurrency has failed to break a major resistance level since August.<\/p>\n<p>Based on its recent performance, if the altcoin holding the EMA100 on the daily timeframe could see a rebound and target the range highs. On the contrary, if this level is lost, the cryptocurrency risks falling to the September lows.<\/p>\n<p>Despite the short-term correction, some analysts remain optimistic about SOL\u2019s end-of-year rally, suggesting that it will continue its path to new highs after the retrace. \u201c$320 remains the target,\u201d Trader Koala <a href=\"https:\/\/x.com\/trader_koala\/status\/1976354810468405321\" target=\"_blank\" rel=\"nofollow\">affirmed<\/a>, \u201cPullback first though.\u201d<\/p>\n<p>As of this writing, Solana is trading at $205, a 12.1% decline in the weekly timeframe.<\/p>\n<figure id=\"attachment_836796\" aria-describedby=\"caption-attachment-836796\"><img loading=\"lazy\" data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/10\/SOLUSDT_2025-10-10_13-30-13.png?w=860&#038;resize=860%2C466\" alt=\"Solana, sol, solusdt\" width=\"860\" height=\"466\"><figcaption id=\"caption-attachment-836796\">Solana\u2019s performance in the one-week chart. Source: SOLUSDT on <a href=\"https:\/\/www.tradingview.com\/x\/a7mB74AL\/\" target=\"_blank\">TradingView<\/a><\/figcaption><\/figure>\n<p>Featured Image from Unsplash.com, Chart from TradingView.com<\/p>\n<\/p><\/div>","protected":false},"excerpt":{"rendered":"<p>Amid the recent market volatility, Solana (SOL) has lost a crucial area for the first time in over a week, [&hellip;]<\/p>","protected":false},"author":5,"featured_media":51331,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[220],"tags":[],"class_list":["post-51330","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tien-dien-tu"],"acf":[],"_links":{"self":[{"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/posts\/51330","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/comments?post=51330"}],"version-history":[{"count":0,"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/posts\/51330\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/media\/51331"}],"wp:attachment":[{"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/media?parent=51330"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/categories?post=51330"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/tags?post=51330"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}