Solana (SOL): Bounce or Breakdown? Eyes on the $184 Level
SOL is hovering around the $172–174 zone after failing to reclaim the $183 resistance. This area has acted as a solid support, but momentum is fading — and traders are now watching closely for the next move.
Technicals show key resistance at $180.65 and $185.72. If SOL breaks above $184 with strong volume, a retest of the $205–206 level is on the table. Beyond that, $260 becomes a realistic target. On the flip side, a rejection here and drop below $169 could drag it back to $165 or even test the 200-day MA.
🔹 Current Price: ~$172
🔹 Support Levels: $172 / $169 / $165
🔹 Resistance Levels: $180 / $185 / $188
🔹 RSI near neutral – no extreme signals yet, but trending bearish on lower timeframes.
SOL/USDT remains a hot pair for short-term scalping and breakout trades. With high volatility and clear zones, this setup is perfect for disciplined traders with tight stop-losses.