$SOL is currently trading at $202.97. In spot trading, you buy or sell the actual token directly, meaning you own it immediately without leverage, which eliminates liquidation risk. Spot trading is ideal for both short-term swing trades and long-term holdings, allowing traders to participate in market movements safely.

For $SOL, key support is around $198, where buyers historically step in, while resistance lies near $210, where selling pressure typically appears. Entering near support enhances the risk-to-reward ratio, while waiting for a breakout above resistance can confirm bullish momentum.

A stop-loss can be placed slightly below support, around $196, to manage downside risk. The optimal entry zone is between $199–$203, capturing consolidation momentum before potential upward movement.

Currently, $SOL is trading mid-range, so traders may either wait for a pullback to support for a safer entry or a breakout above resistance for a more aggressive approach. Combining spot trading with disciplined risk management ensures consistent execution and capital preservation.