$SOL /USDT Price Action Update
Solana ($SOL ) is currently trading at $203.76, showing a -1.92% decline in the last 24 hours.
Key Market Stats:
24H High: $208.79
24H Low: $200.95
Volume (SOL): 2.66M
Volume (USDT): 545.70M
Technical Outlook (4H Chart):
Bollinger Bands: Price is moving closer to the middle band (MB: $205.76), with support near the lower band (DN: $197.61).
Resistance Zone: $213.90 (upper band).
Support Zone: Around $197.61 – $200.95.
Momentum: After testing $213.02, SOL faced rejection and is now consolidating.
What’s Next?
If SOL holds above the $200 psychological support, we could see a bounce back toward $208–213. However, a breakdown below $197 may trigger further downside pressure.
Traders should watch $200 support and $213 resistance closely for the next move.