Solana (SOLUSD) Price Forecast: October 28
Today, the SOLUSD buyers are leading as the coin market shows promising signs and remains pressured above the supply levels. The recent price and breakout at the $ 170 level signaled that the bulls are still very strong. Hence, if the bulls increase their confidence in the Solana investment, the coin market trend could reach its target at the $190.00 upper resistance level, resulting in a high gain for the coin holders.
Key Levels:
Resistance Levels: $168.00, $169.00, $170.00
Support Levels: $120.00, $119.00, $118.00
SOL (USD) Long-term Trend: Bullish (Daily Chart)
SOLUSD Buyers are leading as the long-term market value of Solana keeps moving in a bullish direction toward the overhead resistance levels in its higher timeframe. The coin prices are above the resistance levels with huge volumes from the bulls, suggesting a bullish momentum.
The sustained pressure from the bulls at a $177.07 supply value in the past few days has enabled the coin price to remain above the supply trend levels in its recent growth.
After updating yesterday’s lows at $159.05, the SOLUSD price rebounded to a $170.00 high mark above the EMA-50, as the daily chart resumes today, indicating that buyers are leading, resulting in an intraday gain for them.
However, if the coin investors renew their buying attitudes, the token price might touch its previous high at the $188.41 mark, denoting a potential recovery.
In addition, the daily signal suggests an uptrend, implying that buyers may continue leading; in this case, the target might be the $190.00 supply level soon, as the market structure depicts that buyers are leading in the higher time frame.
SOL (USD) Medium-term Trend: Bullish (4H Chart)
On the medium-term outlook, buyers are leading as the Solana market depicts a beautiful bullish continuation and sends a clear bullish signal above the moving averages, confirming an uphill trend. 
The high moves by the bulls to a $171.31 supply value in the previous action have enabled the SOLUSD price to stay firm above the resistance lines suggesting buyers are leading in its recent high.
After completing the low dips in the previous action, Solana’s price reversed and swung to the $170.00 high level above the moving averages as the 4-hourly chart begins today, implying the bulls are leading and likely pushing the SOLUSD price to the next target levels.
With an increase in buying pressure, the price may surge to hit the previous supply at $177.4 and set the potential for further growth.
In a like manner, the momentum indicator pointing up also indicates that SOLUSD buyers will continue leading and the coin price might increase to a high at $190.00 in the days ahead, as the coin market indicates buyers are leading in its medium-term perspective.
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