Market Movement: $SOL is priced at $201.37, surging +15.5% today, challenging the $202.71 ceiling (24h peak). It’s trading above all critical EMAs (EMA7: 200.52, EMA25: 198.33, EMA99: 191.29), reflecting robust short-term upward drive.
• Capital Flow: Significant inflow is exceptionally high (977k SOL in the past 24h, far above typical levels), often indicating strong institutional purchase pressure. Net inflow remains positive over the last 15 minutes.
• Trading Activity: Volume is notably elevated compared to the norm, reinforcing the upward trend.
• Resistance Zones: The next key barrier beyond $202.71 lies around $208–210.
• Support Zones: Immediate support sits at $198–199, with firmer backing at $192.
📌 My guidance:
• If you’re holding from lower levels, consider maintaining your position for a move toward $208–210, but stay alert for signs of rejection.
• If you’re aiming to enter, wait for a slight dip to $198–199 for a more favorable risk/reward setup.
• For short-term trades, place a stop-loss just below $197 to safeguard gains against a sudden drop.