SOL Spot Trade at $200.86:

Spot trading involves purchasing actual SOL tokens at the current market price, giving you immediate ownership without using leverage or entering into contracts.

Suggested Entry Range: $198–$205 — a 3.5% range ideal for gradually building your position, helping to avoid buying during sudden price spikes.

Stop-Loss: Set around $190 — approximately 5.4% below the current price and 4% below the lower entry point, offering downside protection in case of a sharp drop.

Position Sizing: Base it on your personal risk tolerance. A common approach is to risk 1–3% of your total portfolio per trade.

Take-Profit Strategy: Target key resistance levels to lock in partial gains while keeping part of your position open to capture further upside.

Key to Success: Stick to your trading plan. Predefine your entry and exit points, avoid emotional decisions, and keep an eye on market trends, volume, and price behaviour. Spot trading is simple in structure, but combining it with solid risk management, patience, and a clear plan can make it highly effective.