$SOL – HOLDING ABOVE SUPPORT, CAN IT BOUNCE BACK?

After a steep decline from $224 to the recent low of $190, Solana has managed to hold its ground and is now trading around $202. Buyers stepped in strongly at $190.80, creating a potential short-term base. Current price action shows sideways consolidation just below $204 resistance, indicating that bulls are attempting to regain momentum.

If $SOL stays above $200, we could see a push toward $211 and $218 as recovery targets. However, failure to hold $200 could invite another retest of $196 and possibly the $190 support zone.

Entry: $202–203

Targets: $211 / $218

Stop Loss: $196

Outlook: Consolidation with bullish potential if buyers maintain control above $200.

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