$SOL /USDT Technical Analysis

Current Price: $197.25 (+4.61%)

Resistance Levels: $199.27, $205

Support Levels: $188.04, $185

Trade Signal

Entry Zone: $196 - $198

Stop-Loss: $188 (below key support level)

Momentum: Bullish (Price is approaching resistance with high volume and strong buying pressure)

Targets 🎯

1. Target 1: $202 (Short-term resistance, partial profit recommended)

2. Target 2: $205 (Major resistance level)

3. Target 3: $210 (Breakout level for extended rally)

Trade Momentum

Bullish Indicators:

Price broke past $195 with strong volume.

RSI trending upwards, currently near 60, indicating buying momentum.

MACD shows bullish crossover.

Caution: If price falls below $188, bearish momentum could take over, targeting $185 or lower.

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