$SOL Market Trend: Bullish Bias, Watching for Breakout Above $190
Trade Signal
Entry 1 (Long): $188.00 (Near middle Bollinger Band support)
Entry 2 (Long): $181.00 (Deeper retest of support zone)
TP1: $190.00
TP2: $192.00
TP3: $194.00
TP4: $196.00
Stop-Loss: $170.50 (Below recent support and lower band)
Why This Trade?
SOL has surged strongly from the lower Bollinger Band and is now consolidating near the upper band, showing strong bullish momentum. The recent breakout above $186 with high volume signals active buying pressure, and a push above $190 could trigger further upside targets.
Support & Resistance Levels
Support: $188.00 • $186.00 • $183.50
Resistance: $190.00 • $192.00 • $194.00
Market Update for SOL (Solana)
Solana is showing strong buying interest with price trading near resistance zones. As long as price stays above $186, the bullish trend remains intact with potential for further gains above $190.
