SOL trades near 192 with a clearly marked higher‑timeframe support at 112.93. Price is approaching the psychological 200 area where supply often appears first.
Resistance: 200 (psychological/first supply), 210–215 (extension if 200 breaks cleanly)
Support: 185–180 (nearby pullback zone), 165–160 (secondary), 112.93 (major higher‑timeframe support)
Next move:
Bull case: Strong daily close > 200 with range expansion → 210–215 next; hold above 200 turns it into support.
Bear case: Rejection at 200 → pullback to 185–180; loss of 180 opens 165–160 and, if momentum really fades, 135–130 before the 112.93 anchor.
Plan:
Break-and-hold: Enter on daily close > 200 or retest/hold of 200; invalidate on close back below 195; targets 210 then 215.
Buy-the-dip: Stagger bids 185–180 only on controlled pullback; invalidate below 175.
Confirmations: Look for volume expansion on any 200 break and a tight ATR contraction → expansion sequence to validate momentum.
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