Recently, #solana has started to gain momentum above $185, with the price firmly standing above $190, and is expected to challenge the $200 mark! In the short term, the SOL to USD exchange rate has already broken through two important levels at $185 and $192, indicating that the bulls are regaining control of the pace.

Market Highlights

The current price is steadily above $190 and is higher than the 100-hour simple moving average (SMA), with a short-term bullish trend.

The hourly chart shows that SOL had fallen below the bullish trend line support at $202, but the bulls remain active near the support.

Watch Key Resistance

If SOL can successfully break through the resistance area at $198, the upward momentum may continue, with the next target aimed at $200 or even higher. In the short term, as long as the bulls maintain support at $190, the price is expected to continue to rise.