Solana (SOL) is now trading at $176.73, showing a steady +0.68% gain. After a clean breakout above $163, SOL is riding bullish momentum and pushing closer to the critical resistance at $187.71, its recent local high.
📊 The RSI is elevated at 85.98, indicating strong momentum — but nearing overbought territory.
📈 The MACD just flipped bullish, with the DIF (6.01) crossing above the DEA (3.57) — a strong early signal of trend continuation.
---
📌 Key Levels:
Resistance: $187.71 (key breakout level), then $190.80
Support: $163.64 (recent breakout zone)
-------
🎯 Buy Zone: $172 – $176
🛡 Stop Loss: Below $163
🎯 Target 1: $184
🎯 Target 2: $187.71 and $190+
---
🔥 My Take:
SOL is heating up quickly, breaking out of a solid accumulation phase. If bulls maintain control above $172, the path to $187 and beyond remains open. Volume is growing, supporting the breakout — but keep a close eye on RSI levels. Use tight risk management below $163 in case of reversal.