SOLUSDT: Retracing FVG, Touching Kumo Cloud – Key Zone 212–215?Hello everyone, let’s take a look at SOLUSDT on the H4 chart.
Structurally, the primary trend remains bearish, forming a sequence of lower highs and lower lows, while the current upward movement is mainly a pullback filling the Fair Value Gaps (FVG). The immediate resistance zone lies between 212–215, coinciding with the Ichimoku cloud boundary and previous balance areas. A decisive break above this range could open the path to 220–223 and further to 228–232 (the upper red FVG cluster). On the downside, support is found at 205–202 – a newly formed green FVG. A strong breach would expose 198–195 as the next floor, and deeper support around 190–188 – the recent swing low.
From a news perspective, market sentiment continues to revolve around risk appetite: Bitcoin movements, ETF inflows/outflows, the DXY, and US Treasury yields heavily influence altcoins including SOL. This week’s US economic calendar is dense with ADP, Jobless Claims, PMI/ISM, and Non-Farm Payrolls – strong data could reinforce USD/ yields, pressuring risk assets; weaker numbers would support the rebound. Solana-specific catalysts such as network performance, dApp/TVL metrics, airdrops, or congestion events can further amplify breakouts or rejections around the mentioned FVGs.
In the preferred scenario, SOL may pull back to 205–202 to fill the green FVG, creating a higher low before retesting 212–215. A break and hold above 215 with improving volume could target 220–223 and extend to 228–232.
Where do you see SOL heading? Will this rebound hold or will it test the 200 area soon? Share your thoughts!
