🔥 $SOL corrects to $193 after pressure round, but the institutional ecosystem holds firm
Current Price & Technical Structure
Updated price: $192.90
Intraday range: $188.80 – $209.18
Solana has experienced a -4.1% drop in the last 24 hours, after a brief technical boost. Nevertheless, it still operates within a range higher than several days ago, close to its technical resistance at $205.
Key Factors
Recent drop without trend break: Despite the pullback, SOL continues to maintain a strong technical positioning above key supports at $190–$192.
Rising volume: Transaction volume is around $14B, a healthy increase that supports the liquidity of the movement.
Stabilized capitalization: Market capitalization remains above $104B, highlighting the size of institutional support.
Although there are no recent specific news about Solana, its echo in the DeFi and NFT ecosystem remains strong.
Technical Level of the Day
Level Value (USD)
Support $190–$192
Resistance $205–$207
Critical zone Consolidating above $193 would validate re-entry into the high zone towards $205+
Institutional / Macro Outlook
The sustained support and robust liquidity reflect a resilient technical structure. If developments introduce positive news soon—such as technological advancements or new flows—SOL could regain momentum towards levels above $205.
Is this correction a buying opportunity or do you prefer to wait for confirmation above $205? Comment on your strategy 👇
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