$SOL / USDT – Mild Bearish Pressure, But Stabilization Signs Emerging

🔹 Support & Resistance Levels

• Support: The $180 level is holding as a key short-term support. If this breaks, the next demand zone likely sits around $174–$175.

• Resistance: Overhead pressure is building near $190–$195. A clean breakout above $200 could signal a return to bullish momentum.

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🔹 Fibonacci Levels Overview

• Current Status: Price is caught between near-term support and resistance, pulling back slightly from recent highs.

Support Zones (Fibonacci S1–S3):

• $160.50

• $153.00

• $146.00

Resistance Zones (Fibonacci R1–R3):

• $166.79

• $172.00

• $182.00

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🔹 RSI (Relative Strength Index)

• 14-Day RSI: Hovering around 51–52

• Interpretation: Neutral momentum. Market could swing either direction based on upcoming catalysts or macro sentiment.

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🔹 Entry Zones to Watch

• Safer Entry: Around $180, where support has consistently attracted buyers.

• Aggressive Entry: On a confirmed breakout above $190–$195, especially if supported by strong volume.

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🔹 Potential Take-Profit Targets

• TP1: $190–$195 — strong technical and psychological resistance.

• TP2: $200–$205 — a breakout zone that could open the door to a larger rally.

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🔹 Stop-Loss Suggestions

• Conservative SL: Below $178, to allow for volatility while protecting downside.

• Tighter SL: Around $185 if entering on a breakout, to manage risk closely.

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📊 Summary:

While $SOL is seeing slight bearish pressure, signs of consolidation around key support levels suggest a neutral stance. A breakout above $190 could change the tone and invite fresh bullish interest.

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