Solana (SOL) Price Prediction for August 15

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?

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.

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 Solana Price Going Up Today?

A mix of positive technical factors and healthy market flows are behind the rise in Solana price. On the 4-hour chart, SOL is still above its EMA 20/50/100/200 cluster (EMA20 at $193.61), which shows that the market is very bullish. Bollinger Bands are getting wider, and the price is staying close to the upper band at $213.34, which means there is a lot of momentum.

Directional Movement Index (DMI) on the daily chart shows +DI at 33.08 with ADX strengthening, confirming trend acceleration. The Supertrend indicator remains bullish above $172.51, with no signs of reversal. On intraday timeframes, VWAP at $205.46 acts as immediate resistance; a break above could re-establish momentum toward $210 and higher.

Spot market flows also show a net inflow of $16.61M on August 14, suggesting fresh capital is entering SOL, supporting the breakout structure.

Key Resistance Levels Align With Fibonacci Targets

Fibonacci retracement analysis from the November 2024 high to the March 2025 low shows that SOL has reclaimed the 0.5 level at $190.55 and is now challenging the 0.618 level at $218.12. A decisive close above $218 would open room toward the 0.786 level at $251.75, which also aligns with historical liquidity pockets.

Support on pullbacks lies first at $193–$195, where EMA20 and prior breakout levels converge, followed by $172.51 (Supertrend and Fib 0.382). A deeper retracement could revisit the $160 psychological level, but this remains a secondary probability given the current market structure.

SOL Price Prediction: Short-Term Outlook (24H)

Over the next 24 hours, Solana price today will be influenced by whether bulls can hold above $200. A breakout above $205.46 VWAP with strong volume could send SOL to retest $210 and push toward $218. Failure to reclaim VWAP may see price consolidate between $195 and $205 before attempting another leg higher.

With bullish technical alignment, supportive market inflows, and a confirmed higher timeframe breakout, the bias remains positive. However, traders should monitor price action near $218, as this is a major resistance that could trigger short-term profit-taking.

Solana Price Forecast Table: August 15, 2025