Solana (SOLUSD) Price Remains Bullish

Solana (SOLUSD) Price Forecast: September 9

The SOLUSD pair remains bullish as it overcomes selling pressure, recording a notable growth in the ongoing cryptocurrency market rally. The bulls obtained suitable support at the pattern’s rising trend line to accumulate the current jump. Consequently, if the coin closes above the $216.88 peak barrier, the accelerated buying pressure may surge the coin price to reach the $230.00 upper resistance level, resulting in a potential buy signal.

Key Levels:
Resistance Levels: $213.00, $214.00, $215.00
Support Levels:    $126.00, $125.00, $124.00

SOL (USD) Long-term Trend: Bullish (Daily Chart)

The Solana market is full of opportunities for exponential growth as it overcomes selling pressure and remains bullish.
The coin price is above the moving average, making higher highs and higher lows, signaling an uptrend likely to continue with increasing bullish volume.

Bulls have driven a series of moves in recent days, helping SOL maintain its uptrend despite ongoing selling pressure.

Today, the SOLUSD pair is at a $215.74 high mark above the EMA-50 as the daily chart opens, anticipating further gains ahead as it continues its upward trajectory.

Thus, if the bullish trend persists, the coin price is expected to retest the $216.88 previous resistance level and aim for the overhead region.

Meanwhile, the Solana price indicates an upward momentum on the daily signal, indicating that the pair will continue to increase, leading the crypto price to the $230.00 upper resistance trend mark in the coming days, as it overcomes selling pressure in its long-term outlook.

SOL (USD) Medium-term Trend: Bullish (4H Chart)

The 4-hourly chart of the SOLUSD pair shows that the price has overcome selling pressure with a bullish sentiment as it remains in an uptrend. The price currently trades above the EMA-50, confirming its bullishness.
The cryptocurrency price remains firm above the supply levels in its recent high due to an increasing order flow by the bulls.

Today, the SOLUSD market appears promising as it rises above the resistance at $214.86 amid soaring network activity, creating a robust area of interest for buyers.

Hence, if the bulls continue rallying and the Solana price sustains above the $217.90 previous resistance level, the resulting rally may surge to hit the $230.00 psychological level at the upside in the medium term.

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