The analysis indicates SOL is currently around $208. Technical analysis reveals SOL maintaining its position above key ascending support around $190-$200, with multiple projections targeting $225-$291 in the coming months. The blue ascending support line confluences with the 200-period EMA around $190, creating a technical foundation for continued momentum. A specific sequence involving a decline toward the $170 support level, followed by recovery, ultimately targeting $291, representing an approximately 40% gain from current levels. As it stands now, SOL may be building energy for another major leg higher, potentially targeting the $400-500 range based on measured moves from the current consolidation. Daily chart analysis reveals SOL movement within a well-defined ascending channel structure, with September projections indicating an initial support test, followed by a resumption toward channel resistance. Stochastic readings of 14.1 indicate potential for short-term upside if SOL sustains above ascending support levels. The MACD indicator shows values around 12.26, maintaining positive momentum despite recent consolidation.