$SOL spot trade at $200.86: Spot trading means buying the actual SOL token at the current market price and owning it immediately no leverage or contracts involved. Suggested entry zone: $198–$205 (around a 3.5% range) to average into your position and avoid chasing sudden price spikes.

Stop-loss: $190 roughly 5.4% below the current price and about 4% below the lower entry boundary, providing protection against sharp downward moves. Position sizing should align with your risk tolerance, typically risking 1–3% of your portfolio per trade.

Take-profit levels can be set at key resistance points, allowing partial profits to be secured while leaving the remainder to benefit from upward momentum. Discipline is key: plan entries and exits ahead of time, avoid emotional decisions, and monitor market trends, volume, and price action. Spot trading is straightforward but effective when combined with proper risk management, patience, and a clear strategy.