🌟 Today, I am closely monitoring the movement of Solana (SOL), and I have noticed the continuation of positive momentum despite some momentary fluctuations. The price is currently moving near 190 dollars after touching a daily high at 209 dollars, which reflects clear buying strength from the market.
1. Technical levels I am watching
Main support: I see that the 190–185 dollar area represents the first line of defense against any potential selling pressure. Breaking it could open the door for a deeper correction towards 160 dollars.
Critical resistance: I focus on the 200 dollar barrier, which I consider an important psychological and technical level. Any daily close above it could open the way towards 250 dollars, and possibly 350 in the medium term.
2. Indicator readings
Moving averages: The daily indicators give me a 'strong buy' signal, which reinforces my belief in the continuation of the upward trend unless we see a clear break of the supports.
Relative Strength Index (RSI): It is moving in the positive zone, but it has not yet reached overbought territory, allowing more room for upward movement.
MACD: The positive crossover is still in place, and for me, it is a signal that buyers are still in control.
3. Scenarios I have in my plan
Positive scenario: If the price manages to hold above 200 dollars, my next target will be 250, then 300–350 dollars.
Alternative scenario: If the price fails to break the resistance and loses momentum, I will watch the 185–190 dollar area for re-entry if reversal signals appear.
4. My personal opinion
In my opinion, Solana is still in a strong growth phase, supported by increased activity on its network and interest from major investors. However, I proceed with caution and consider capital management the most important element at this stage.
🍀 Summary: I see that Solana has an excellent bullish opportunity if it manages to surpass 200 dollars, but I am prepared for all possibilities and rely on discipline in execution above all else. #BNBBreaksATH