$SOL is trading at $200.63, buy now because it is clear that #SOL will soon surpass $250❗Will it reclaim the resistance level of $207.62 or test the support level of $195.14 first❓$SOL /USDT is testing the critical support level after a pullback – Is a recovery imminent❓#Solana is currently trading at $200.92, showing a decrease of 2.01% after reaching a daily high of $207.62. The price has pulled back but has found temporary support near $200, suggesting a potential pause in selling pressure.
Key levels to watch
Resistance: $203.50 – Breaking this level could push SOL up to $207 and potentially $210.
Support: $195 – Holding this support level is crucial to avoid dropping to $190.
Trade setup
1. Buy order: Above $203 with a target of $207 and $210. Set a stop loss at $200.
2. Sell order: Below $198 with a target of $195 and $190. Stop loss above $202.
Market sentiment
MACD shows a slight bearish crossover, indicating reduced bullish momentum, while RSI remains neutral. This suggests SOL could fluctuate in either direction depending on market activity.
