$SOL /USDT – BULLISH MOMENTUM TARGETING NEW HIGHS
Technical Analysis:
Solana continues its strong upward momentum, bouncing from the $187.50 support and now trading near $199. Price is approaching the $204–$205 resistance zone, where a breakout could trigger a rally towards new short-term highs. Volume remains strong, and the structure on higher timeframes suggests bullish continuation, especially if SOL holds above $198.
Trade Setup (Long):
Entry: $198.50 – $200.00
Take Profit 1: $204.90
Take Profit 2: $206.50
Stop Loss: $196.00
A clean hold above $198 will keep buyers in control, with $204 as the key breakout level to watch for acceleration.