Solana Price Shows Consolidation near $210: High Trading Volume Suggests Breakout Potential

Solana (SOL) continues to demonstrate resilience, trading around $210 at the moment. Despite recent volatility, SOL has gained 4% in the past 24 hours and a notable 3% over the week, currently consolidating within a tight range between $200 and $206. This steady price action reflects accumulation following significant market fluctuations. On the 4-hour chart, Solana has formed a bullish structure since early August. Data from BitGuru highlights SOL’s rebound from a double bottom near $165, leading to more than 20% gains followed by another 14% surge into resistance around $210-$213. This third attempt to break through the key level is notable.