The price of Solana is around $180.5 today, down 5.5% from a high of $191 during the day. This drop comes after several attempts to close above the $200–$210 resistance zone, which has been a supply level that has kept prices from going up since March. Traders are keeping a close eye on SOL now that it is near important short-term supports to see if momentum will stay the same or go lower.
Solana Price Forecast Table: August 19, 2025
| Indicator/Zone | Level / Signal |
| Solana price today | $180.5 |
| Resistance 1 | $192 |
| Resistance 2 | $210–$212 |
| Support 1 | $178 |
| Support 2 | $171 |
| Support 3 | $142 |
| RSI (30-min) | 17.5 (Oversold) |
| EMA Cluster (4H) | $183 (EMA100), $178 (EMA200) |
| Bollinger Bands (4H) | Price at lower band ($180) |
| DMI (14) | -DI 27.4, ADX 26.8 (Bearish) |
| Spot Netflow (Aug 18) | -$82.2M (Bearish pressure) |
| Fibonacci Levels | 0.618 = $211.9 / 0.382 = $171.0 |
| Parabolic SAR (Daily/30m) | Bearish |
What’s Happening With Solana’s Price?
SOL has been following a wide cup-and-handle pattern on the daily chart, but the rejection from $210 shows that it is unsure. The Parabolic SAR has turned bearish, which adds to the pressure.
The Smart Money Concepts chart shows a weak high near $210 and visible liquidity clusters around $160–$165. This suggests that the market may look for liquidity at lower levels before trying to go higher again.
Why Is the Solana Price Going Down Today?
Why Solana price going down today can be explained by both technical and on-chain signals. On the intraday chart, the RSI has plunged into oversold territory at 17, reflecting exhaustion after the latest selloff. The Parabolic SAR on the 30-minute chart also shows persistent bearish alignment, with no sign of trend reversal yet.
From an order flow perspective, SOL’s spot netflow data reveals a heavy outflow of over $82 million on August 18, confirming strong selling pressure. This suggests that investors are booking profits after the recent rally into resistance, reinforcing the downside momentum.
Key Indicators Signal Heightened Volatility
On the 4-hour chart, Solana is testing its EMA100 near $183, with the EMA200 positioned at $178 as critical dynamic support. Price is also pressing against the lower Bollinger Band at $180, a region where oversold bounces often occur. However, the Keltner Channel shows expanding downside volatility, indicating that risk of further losses remains elevated.
Fibonacci retracement analysis from the November peak shows SOL stalling under the 0.618 retracement at $211.9, while immediate support rests near the 0.382 retracement at $171. A decisive daily close below $171 could expose downside risk toward $142.
Directional Movement Index (DMI) readings confirm bearish dominance, with -DI leading at 27.4 while ADX remains above 26, pointing to a strong trending move. Unless price can reclaim the $190–$192 EMA cluster, near-term bias remains tilted downward.
SOL Price Prediction: Short-Term Outlook (24H)
In the immediate outlook, Solana’s ability to hold above the $178–$180 support zone will be decisive. If buyers successfully defend this level, we may see a relief bounce towards $188–$192, and a break above $195 could lead to a retest of $210. Sustained closes above $212 would confirm a bullish continuation and target $220–$225 next.
On the downside, a failure to hold $178 exposes a slide toward $171, followed by the deeper support band at $142. Given oversold RSI levels, a short-term bounce cannot be ruled out, but volume confirmation will be key to determine if it evolves into a sustainable recovery.
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