Similarly, market watcher Wise Crypto also noted<\/a> that Solana could be in a make-or-break retest, as it retests a critical support zone and the overall market still shows some signs of weakness.<\/p>\n According to the post, SOL has been trading within an ascending channel since April, bouncing between the upper and lower boundaries throughout this period.<\/p>\n If the market\u2019s recent volatility continues, the cryptocurrency could retest the channel\u2019s support zone, around the $177-$188 levels. \u201cIf this zone breaks, the next major support is down below $150 \u2014 so caution is key,\u201d they added.<\/p>\n Despite the volatility, Wise Crypto also signaled that \u201cStochastic RSI is signaling oversold conditions, suggesting a potential bounce could be on the horizon.\u201d As a result, if SOL holds this support area, a move toward the $250 barrier could follow.<\/p>\n As Solana approached its major ascending trendline, Crypto Batman noted<\/a> that SOL has bounced from this level each time it has retested it, suggesting that \u201cIn the midst of chaos, you have to look at things from a different perspective.\u201d<\/p>\n Notably, SOL bounced from the recent lows on Friday Morning and is currently attempting to break above the $200 psychological barrier.<\/p>\n Nonetheless, the cryptocurrency must daily close above this key level and continue to hold it over the weekend to transform the pullback into a downside wick deviation in the weekly timeframe.<\/p>\nSOL Bounce Eyes $200 Reclaim<\/h2>\n
![\"Solana,](\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/09\/SOLUSDT_2025-09-26_11-53-36.png?w=860&resize=860%2C495\")
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