Solana (SOL/USDT) Bounces from $191 — Bulls Target the $200 Breakout
Solana (SOL) is showing signs of recovery after a strong bearish phase, regaining momentum near the $191 support. As per Binance’s 15-minute SOL/USDT chart, the coin is trading around $195.89, after finding strong buyer interest at its intraday low of $191.03.
The MA7 and MA25 lines remain below the MA99, signaling that the broader structure is still weak — but the steady rise in green candles and trading volume hints at early accumulation.
🔹 Spot Trading Strategy:
Best Entry Range: $191.50 – $193.50
Take Profit: $199.50 – $201.00
Stop Loss: $189.00
Best Entry Time: During increased Asian session activity (around 6 AM–9 AM GMT) when SOL volume typically spikes on Binance.
🔹 Futures Trading Strategy:
Long Entry: After confirmation above $196.50
Targets: $199.50 – $205.00
Stop Loss: $194.50
Short Entry: If price fails to close above $200 resistance
Target: $192 – $190
Solana’s short-term trend shows potential for a $200 breakout, which could confirm a trend reversal if backed by strong buying volume. Traders are advised to watch for a MA25–MA99 crossover to validate the shift toward bullish momentum.
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