Solana (SOL) is trading at $196.81, up +9.05%, after breaking out of the previous range and showing strong bullish momentum. The price is now approaching a critical resistance zone at $217.61.
The RSI at 85.99 signals overbought conditions, suggesting a potential pullback or consolidation ahead. However, the MACD remains bullish, and volume is picking up, confirming buyers are still in control.
📈 Key Levels:
Resistance: $217.61
Support: $129.36
🎯 Buy Zone: $185.00 – $195.00 (watch for dips)
🛡 Stop Loss: Below $177.00
🎯 Target 1: $205.00
🎯 Target 2: $217.61 and higher
🔥 My Take: SOL’s bullish momentum is undeniable. If it holds above $185, a push toward $217+ is likely. Watch closely for signs of cooling RSI before entering new positions, and keep stops tight to manage risk.