The Solana price today is trading around $184.30, marking a -1.9% decline after failing to hold above the $190 short-term barrier. Sellers are pressing price lower, but SOL remains inside its mid-term ascending channel. The next 24 hours will likely be shaped by whether bulls can defend the $170–$172 Fibonacci and liquidity cluster. Solana Price Forecast Table: August 22, 2025 Indicator / Zone Level / Signal Solana price today $184.30 Resistance 1 $190 Resistance 2 $200–$213 (Fib 0.618) Support 1 $179–$180 (EMA / channel base) Support 2 $170 (Fib 0.382 / liquidity) Support 3 $141 (Fib 0.236) RSI (30-min) 49 (weak momentum) MFI (4H) 62 (moderately strong inflow) VWAP (30-min) $186.8 (bearish bias) Supertrend (4H) Bearish below $190 Netflows (Aug 21) -$4.81M (negative bias) Market Structure (S.M.C.) CHoCH near $200, BOS at $170 What’s Happening With Solana’s Price? SOL price dynamics (Source: TradingView) On the daily chart, Solana price action is moving inside a rising parallel channel that began in April. After peaking near $210, price has corrected back toward the midline of this structure. Fibonacci retracement shows SOL currently trading above the 0.382 retracement at $170.79, while $213 (Fib 0.618) remains a major upside barrier. SOL price dynamics (Source: TradingView) The 4-hour chart highlights how SOL has been consolidating after rejecting the $200–$210 resistance area. Moving averages show mixed structure: the 20 and 50 EMA cluster around $184–$185 is being tested, while the 200 EMA at $179 acts as stronger underlying support. The Money Flow Index (MFI) sits at 62, suggesting mild inflows but not yet at overbought levels. Why Is The Solana Price Going Down Today? SOL price dynamics (Source: TradingView) The dip in Solana price today is largely tied to exhaustion signals on lower timeframes. On the 30-minute chart, VWAP sits at $186.8 and price is trading below it, showing bearish intraday bias. RSI has slipped under 50 to 49, confirming weakening momentum. SOL price dynamics (Source: TradingView) Supertrend on the 4-hour chart has flipped bearish under $190, capping upside attempts. Directional Movement Index (DMI) also shows weakening bullish strength, with -DI slightly overtaking +DI and ADX flattening. SOL On-Chain Activity (Source: Coinglass) Spot netflows provide another clue: on August 21, outflows totaled nearly -$4.8 million, signaling reduced buying pressure. Combined with rejection at resistance and cooling intraday RSI, this explains why Solana price going down today despite broader channel support. Indicators And Market Signals To Watch VWAP and Bollinger-style bands show tightening ranges, suggesting a volatility expansion is approaching. With RSI near neutral and MFI elevated but not extreme, the market is set for either a continuation bounce or a deeper retracement. SOL price dynamics (Source: TradingView) Smart Money charts reveal multiple Change of Character (CHoCH) points near $200–$210, reinforcing the notion of strong liquidity-driven resistance overhead. Liquidity maps show a cluster of sell-side levels near $190–$195 and order blocks forming below $170. The balance between these zones will likely dictate near-term price action. SOL Price Prediction: Short-Term Outlook (24H) In the short term, Solana price needs to hold above $179–$180 to avoid sliding back to the $170 support zone. A breakdown below $170 could expose $160 and then $141 (Fib 0.236) as deeper downside targets. On the bullish side, reclaiming $190 with volume confirmation would open the door to $200–$213, with the latter being the most important Fibonacci test. A decisive break above $213 could re-ignite momentum toward $252. Given current weakening intraday momentum and net outflows, the bias leans toward cautious consolidation with support tests before any fresh breakout attempt. Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.
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