$SOL /USDT
The essentials of the moment:
Current price: ≈ $189.8 USD, moving between $187 and $195 intraday.
Confirmed technical breakout: Solana broke a cup-and-handle pattern and surpassed the resistance at $180, triggering significant bullish momentum.
Key resistances: the $190–$200 zone presents itself as a critical psychological and technical threshold to watch. (>$200 → extension towards $215–$240 or even $300).
Extended bullish potential: Technical projections point to targets of $219, $245, and up to $300, if the momentum persists.
Solid fundamentals in DeFi: Solana's TVL rose by 63% in recent months, reflecting strong adoption in decentralized finance.
Risks and mixed signals: Some indicators suggest that momentum has weakened near $200, backed by selling from long-term holders and decreased retail participation.
Key Technical Scenarios
Scenario Key Condition Potential Objectives
Bullish Firm close above $200 Short: $215 → Medium: $245–$300
Neutral Consolidation between $185–$200 Base zone for re-impulse
Bearish Drop below $185 Correction towards $170–$160
Flash Recommendation
Buy if SOL manages to stay above $200, confirming the breakout and paving the way for the next bullish leg.
Wait if the price drops to $185–$180, looking for technical support before re-entering.
