$SOL is trading at $200.92 buy now as it's obvious #SOL will cross $250 soon❗Will it reclaim $207.62 resistance or test $195.14 support first❓$SOL /USDT Testing Key Support After a Retracement – Is a Rebound Imminent❓#Solana is currently trading at $200.92, showing a 2.01% decline after reaching a daily high of $207.62. The price retraced but found temporary support near $200, indicating a potential pause in selling pressure.
Key Levels to Watch
Resistance: $203.50 – Breaking above this level could push SOL to $207 and potentially $210.
Support: $195 – Holding this support is critical to avoid a drop toward $190.
Trade Setup
1. Long Entry: Above $203 with targets at $207 and $210. Set a stop loss at $200.
2. Short Entry: Below $198 with targets at $195 and $190. Stop loss above $202.
Market Sentiment
The MACD shows a slight bearish crossover, signaling reduced bullish momentum, while the RSI remains neutral. This suggests that SOL could swing either way depending on market activity.
