$SOL /USDT – Bulls attempting to break resistance near $193
🔹 Current Price: $192.23 (+3.17%)
🔹 24h High: $193.87
🔹 24h Low: $186.32
🔹 24h Volume: 2.01M SOL (≈ $382M)
📊 Technical Overview
Trend: The market is clearly bullish as the price has recovered from $186 and is approaching $193.
MA60: $192.82 → The price is around this level, indicating that the market is stable and in favor of bulls in the short term.
RSI: In the normal zone → There is further upside potential, currently not overbought.
MACD: Mild bullish divergence → Upside movement could continue.
🔎 Key Levels
Support: $191.00 – $189.50 – $186.00
Resistance: $193.80 (24h high) → If broken, the next major levels will be $196.00 and then $200.00.
📌 Potential Trade Plan
Entry Zone (on dip): $191.50 – $192.20
Stop Loss: $189.50
Target 1: $193.80 (high retest)
Target 2: $196.00
Target 3: $200.00 (extended upward movement)
Risk-Reward: Approximately 1:2.5 (if targeting $200)
🎯 Profit Potential
High (70%+)
$SOL is in a bullish momentum, as long as the price remains above $189.50, the upside potential is high.
If $186 breaks, it will be a short-term bearish signal.