$SOL is trading at $188.38, sitting just above a strong support area around $185 — a level that has repeatedly drawn buyer interest. If this support holds with solid volume, the price could build momentum toward resistance targets at $200 and $215.
For traders eyeing long positions, confirmation signals to watch include bullish candlestick formations, RSI moving above 50, and a MACD bullish crossover. Setting a stop-loss just under $182 can help control downside risk if support fails.
However, a sustained drop below $185 could indicate further weakness, with the next support likely around $170. Keeping an eye on volume and overall price action will be essential for gauging market strength.
Overall, SOL’s current setup provides a clear, structured trade opportunity with well-defined risk–reward levels for both short-term and swing traders.
