🚀 $SOL at $204 – Consolidation Before the Next Move?
Solana (SOL) is currently trading at $204.13, showing short-term consolidation after hitting a 24h high of $208.79 and a low of $200.95.
SOL has corrected -3% over the past 7 days, but maintains strong +23.9% gains in the last 30 days.
Strong recovery momentum seen from recent dips, with buying pressure increasing near the $201 support zone.
Trading volumes remain healthy, suggesting market participants are closely watching the $205-$210 resistance zone.
Intraday traders may look for entries on dips near $202-$203 support with a target of $208-$210 resistance.
A breakout above $210 could open the path toward $220 levels.
Caution: If SOL breaks below $200, a short-term pullback toward $195 is possible.