The daily line shows a relatively long bullish candlestick, and the trading volume has been steadily increasing recently, maintaining an upward trend.
The rise of Ethereum and Bitcoin has driven the increase of SOL. The price did not drop back to the area we mentioned, 168-160, but rebounded directly.
The upward momentum has not yet stopped, and there is still strength to continue rising, with the target being the round number of $200.
If it stabilizes at 200, it will continue to push for higher prices. If it cannot hold, it will drop back for a retest. It's still advisable to reduce positions at highs and wait to enter after it stabilizes.
Daily level resistance at 200-213-237-250, support at 174-168-158-145-136.
