Solana (SOL) is currently trading at $185.75, following a clear downward channel on the 15-minute chart. Price has rejected the upper resistance near $194 and is now hovering near lower channel support. A breakdown below $184.50 could trigger more downside, while a bounce from this level may offer a short-term recovery toward $190+. Traders should watch for volume spikes near the channel edge.
Trade Setup (Short-Term):
Entry: $182 – $183
Stop Loss: $180
Target 1: $187
Target 2: $195
Target 3: $210
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