Solana has continued its bullish breakout, which has pushed the price of Solana up to $203.34 today after briefly testing $210. The move comes after a strong bounce back from the $140–$150 demand zone and a confirmed breakout from a big cup-and-handle pattern on the daily chart. Traders are keeping an eye on $218 as the next big level of resistance. What’s Happening With Solana’s Price? SOL price dynamics (Source: TradingView) The daily structure shows that the price has been going up steadily since early August. It broke through the $190 resistance level and cleared a “weak high” liquidity point at $203. Recent price movements also caused a number of Break of Structure (BOS) signals, which confirmed that buyers were in charge. Smart Money Concepts show that there is strong support at $115, and the $140–$150 range has been a springboard for the most recent move. SOL price dynamics (Source: TradingView) Cup-and-handle breakout confirmation comes as SOL broke the neckline near $190, with the handle forming between late July and early August. Measured move projections from the pattern point toward $218–$220 as the first upside target. Why Is The So… The post Solana (SOL) Price Prediction for August 15 appeared first on Coin Edition .
