$SOL /USDT Market Update – Key Levels and Trade Plans

Current price: $193.55

Today’s range: $190.02 – $209.94

Trend Overview

15m Chart: Bearish short-term after losing $200 support; momentum cooling.

1H Chart: Shifted to neutral; price below major breakout zone.

4H Chart: Consolidation risk increases unless $186 holds as strong support.

Key Support & Resistance

Support: $193 (current pivot), $191.9, $190; deeper support at $186 and $175.

Resistance: $197 (immediate), then $200–202 (major resistance).

Indicators

RSI: Neutral to slightly oversold on lower timeframes.

MACD: Bearish crossover on short-term charts.

EMA: Price trading below short-term EMAs; momentum weakening.

Trade Scenarios

Long Setup:

Entry: Only if price reclaims $197 with strong volume (or safer above $200).

Stop-Loss: Below $194 (or $191 if entry is near $197).

Targets: $202, $207.

Short Setup:

Entry: On rejection at $197 or $200–202 zone.

Stop-Loss: Above the resistance you short against (e.g., $203 if short at $200).

Targets: $191, $186, $175 (if breakdown extends).