๐ Market Snapshot
Solana is trading near $208, holding strong above key supports after a powerful intraday move.
โ Weekly gain: +15%
โ Monthly gain: +14%
$SOL continues to rank among the top-performing altcoins this month.
Todayโs range: $201 โ $211
Trend: Bullish (higher lows supporting momentum)
Sentiment: Positive, driven by institutional inflows & on-chain accumulation
Analyst outlook: Eyes on $225โ250, with potential extension toward $300 if momentum sustains
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๐ฏ Trade Setup
๐ Entry Zones
First Entry: Around $204 โ Enter with 50% position
Second Entry: $197โ200 โ Add remaining 50% on confirmed bounce
๐ Stop-Loss Levels
For $204 entry โ Stop at $196
For $197โ200 entry โ Stop at $185
๐ฐ Profit Targets
Target 1: $210โ214 (short-term)
Target 2: $225โ230 (swing move)
Target 3: $250+ (extended rally potential)
๐ Break above $207โ208 = confirmation for continuation. Next major resistance: $217โ221, opening the door to $239โ250 and beyond.
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๐ Key Insights
Technical: $190โ200 zone remains solid support. Daily close above $207 confirms strength.
Sentiment: Institutional buying continues, while retail selling creates dip-buying opportunities.
Mid-Term: Analysts from top exchanges highlight $250โ300 as realistic in 2025 if capital inflows persist.
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๐ Summary
โ Scale entries to manage risk
โ Always use stop-loss orders
โ Take profits step by step
โ Watch $207โ208 breakout level closely
โจ Safe Trading! $SOL ๐
๐ Disclaimer: For educational purposes only โ not financial advice. Always DYOR & trade responsibly.
