$SOL /USDT
Current Status & Technical Context
Current price: approximately $182, after fluctuating between $173.5 and $182.
Recent rise of 14%, driven by staking withdrawals of over $1.4 billion, which injected liquidity into the market, although it could also accelerate technical corrections.
A symmetrical triangle pattern is observed on the daily chart, with strong support at $171–$172 and technical resistance near $196–$200.
Key moments: psychological resistance at $200, with signs of a possible upward breakout.
Technical Scenarios
Bullish
A close above $185–$190, with solid volume, could pave the way towards $200–$210, and then to the range of $219–$300, according to advanced chart patterns.
Medium-term projections consider up to $400–$500, driven by massive institutional adoption and technological advancements on the network.
Neutral / Consolidation
If the price stays within the range of $171–$185, we could see consolidation before deciding the next big move. A firm support at $170 acts as a key technical base.
Bearish
A break below $171–$172 could generate selling pressure and push the price towards $160 or even $142, invalidating part of the bullish momentum.
Extended Projections
Horizon Bullish Projection
Short term $200–$210 with possible extension towards $219–$300
Medium term Range between $300–$500 if sustained institutional adoption materializes
Long term In an extremely bullish scenario, some models suggest $1,000+
Technical-Strategic Recommendation
Action Condition Target Stop-loss
✅ Buy If it breaks and closes above $185–$190 with firm volume Short: $200–$210 → Medium: $219–$300 $171–$172
🔁 Wait If it retraces towards $171–$175 finding technical support Entry for retrying the breakout $160
Summary of Key Objectives
Short term: consolidation above $185 will allow movement towards $200–$210.
Medium term: if bullish momentum prevails, aim for $219–$300.