Current price: $187.92
🔥 Quick technical outlook: $SOL
- Immediate resistance: $188.50 → $190 (psychological barrier) → $220 (strong bullish target).
- Critical support: $181.29 → $178.66 (strong buying zone) → $160 (long-term support).
- Indicators:
- RSI at 30.9 (short-term overbought sell signal, may trigger a rebound).
- Moving averages: 12 sell signals, but a false break below $181.29 strengthens the chances of a rebound.
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🎯 Intensive trading recommendations:
1. Entry points:
- Buy at: $181.29 (support test) or break $188.50 with a closing hour above it.
2. Profit targets:
- Level 1: $188.50 (quick profit taking) 💰.
- Level 2: $190 → $220.
3. Stop loss: $178.66 (capital protection) ⛔.
> 💡 Immediate forecasts:
> SOL's success in stabilizing above $188.50 may push it to test $190-$220 with support from the new institutional ETF fund. However, a break below $178.66 strengthens the decline towards $160.
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❓ In conclusion:
"Do you think Solana will take advantage of the oversold condition to rise above $190 today? Share your forecasts! 🚀"
