$SOL is facing strong resistance around the 185$–190$ zone after a heavy drop from 210$. The price has been struggling to reclaim this level throughout the day, showing hesitation from buyers and constant pressure from sellers. A clear breakout above 190$ is needed to confirm a recovery — otherwise, consolidation may continue near support.
Trade Setup:
Entry Range: 182$ – 185$
Target 1: 195$
Target 2: 205$
Target 3: 220$
Stop Loss (SL): 174$
If $SOL fails to close above 190$, sellers might attempt another push toward 170$. However, a strong bullish candle reclaiming 190$ would indicate momentum shift — watch this resistance zone closely for the next decisive move.