1. Summary
$SOL just consolidated after the decline and is retesting the resistance area MA99 around ~$199–$207; a breakout with volume will confirm the opportunity to continue.
• Current price ~$189; recent catalyst: institutional inflows and some treasury/buying campaigns from large companies.
2. Analysis
Short-term bias cautious bullish if the price breaks and holds above ~$199; main support around $183–$187, near resistance at $199–$207 and previous peak $213. RSI 1H ~58 — momentum is not too tight but is recovering; volume is not too strong after the pullback, so prioritize a breakout with confirmation. Fundamentally, SOL is being focused on by treasury/institutional buys → increasing demand but still needs to monitor unlock/derivatives pressure (OI increase).
3. Strategy
Entry: probe if the 4H candle closes above $199–$200 (MA99 area); or buy on retest when the price bounces back to $185–$188 with wick rejection.
Stop-loss: set SL below $183 (breach = invalid trade).
TP1 / TP2: TP1 $199–$207 (take some profit), TP2 $213–$218 (extended target if volume & OI support).
Exit triggers: large inflows from institutions/CEX, negative news about unblock/vesting, or failure to hold $183 on retest — exit early if volume does not support breakout.
