$SOL Intraday Recovery but Facing Resistance....
$SOL dropped to a low of $183.30 before bouncing back near $188, showing strength after a pullback. Currently trading at $187.96, it’s testing resistance with strong buyer support (68% order book). However, upside momentum faces challenges at the $188–$190 zone, which aligns with intraday supply.
Trade Setup
🔹 Bullish Scenario
Entry Zone: $187.50 – $188.00
Target 1: $189.50
Target 2: $191.00
Target 3: $193.50 (only if momentum expands)
Stop Loss: $185.80
Key Notes
Order book bias favors buyers (68% buy vs 32% sell) → short-term bullish.
Breakout above $190 with volume may open the way toward $193–$195.
Failure to break and hold above $188.5–190 could trigger another dip to $185.