$SOL Updated Analysis of SOLANA (SOL) – July 21
💰 Current price: $196
📈 Recent range: $178 – $199
🔝 Current trend: Bullish with strong volume on decentralized exchanges (+140%)
🟩 Key supports:
🔹 $180 → Recent consolidated support
🔹 $166 – $164 → Important intermediate level
🔹 $130 → Major support (from June)
🟥 Key resistances:
🔺 $204 → First major barrier
🔺 $214 → Target level after breakout
🔺 $208 – $212 → Technical zone with high selling pressure
📊 Technical indicators:
✅ Daily RSI: ~70 (slightly overbought, but strong)
✅ Positive CMF: indicates capital inflow
✅ Ascending channel in higher timeframes
🧠 Active pattern: Cup and Handle ☕ — if it breaks $190, it would activate a target towards $200+
🚀 Can it exceed $200?
🔹 Yes, with high probability if it maintains support above $185 and breaks $204
🔹 The structure is bullish, but there could be pullbacks to $170–$180 for profit-taking
📌 Solana maintains bullish momentum. If it consolidates above $190 and surpasses $204, it is very likely to reach $200 – $214 this week