⚡ $SOL /USDT Technical Analysis ⚡

Solana is trading at $208.81, recovering after a dip to $201.09 and bouncing back from that support. The coin recently touched $211.99 (24h high), showing buyers are active on dips.

Moving Averages:

7MA (205.48) has crossed back above the 25MA (206.72), signaling short-term bullish recovery.

99MA (195.87) is well below, showing the broader trend is still bullish.

Support Levels: Strong support is at $206 – $205 (MA zone), followed by $201. If that breaks, next major support is near $195 – $196.

Resistance Levels: Immediate resistance sits at $212 (recent high). If it breaks, next targets are $215 – $220.

Volume Action: Buyers stepped in strongly near $201, with green candles showing solid demand. Bears are active around $212, where rejection happened earlier.

🔥 Verdict: $SOL is in a bullish recovery phase. As long as it holds above $205, the uptrend remains intact. A breakout above $212 could open the way toward $215 – $220.

🚀 Trading Edge:

Hold above $205 → bullish continuation likely.

Break above $212 → target $215 – $220.

Lose $205 → risk of retest at $201, deeper at $196.