Solana (SOL) is at a critical point in the market. After bouncing from $185 and reaching a high of $210, the price stabilizes around $190, creating expectations of a possible rally… or a correction.
Current situation
Price: approx. $190.
Key supports: $192, $188, $180.
Key resistances: $198, $200, and the decisive barrier at $202.
Trend: Bullish in the short term as long as it stays above the 100-hour SMA.
Possible scenarios
✅ Bullish:
If it breaks and closes above $202 with volume, it could initiate a new momentum towards $210 and even $220.
⚠️ Bearish:
A close below $188 would open the door to declines towards $180 - $175.
Strategy for traders
Breaks $202 → possible long entry (buy) with target $210 - $220.
Loses $188 → possible short entry (sell) with target $180 - $175.
Current range → Moderate accumulation if supports are respected.
Context
SOL closely follows the behavior of BTC and ETH, which also reacted to recent macroeconomic data. This reinforces that the crypto market is moving in sync with traditional markets and global risk appetite.
