$SOL / USDT
The essentials of the moment:
Current price: around $183.5, intraday oscillating between $176 and $184.7.
Correction after rally: From the lows in July (~$126), SOL rose to nearly $210 on August 14, but now faces correction pressure, evidenced by the launch of perpetual futures on Coinbase which amplify volatility.
Key support zone: The range of $175–$180 acts as an important technical pivot where it is halting the decline.
Immediate resistance and possible breakout: The next level to overcome is between $185–$190. A convincing close above this zone would trigger a reactivation towards $200.
High volatility and whale movements: A significant “whale” moved 98,000 SOL, adding downward pressure and additional volatility.
Still positive structural narrative: Despite the correction, SOL remains the center of interest for its adoption in DeFi, technical innovation, and standout behavior in the market. Some analysts maintain projections of $300, although with caution due to potential regulatory delays around the ETF.
Key Technical Scenarios
Scenario Key Condition Potential Objectives
Bullish Sustained close above $185–$190 Short term: $200 → Medium: $220–$250
Neutral Consolidation between $175–$185 Technical accumulation base for re-impulse
Bearish Drop below $175 Correction risk towards $170–$165
Express Recommendation
Buy if SOL manages to stay above $185–$190, structuring the path towards $200–$250.
Wait if the price retraces towards the support zone $175–$180, evaluating signals of strength and positive volume before entering.
