$SOL /USDT Analysis: Approaching Key Resistance .. Hit back to $200 ... What a best comeback as I told you guys..
$SOL is trading at $198.68, marking a 2.77% gain in the last 24 hours. The price has steadily climbed from a low of $175.26, with strong bullish momentum pushing it toward a critical resistance level.
Key Levels to Watch
Support: $195.00 – Holding above this level will be crucial for maintaining upward momentum.
Resistance: $200.00 – A breakout here could fuel a continued rally.
Trade Setup
Entry Point: Around $198.50
Targets:
1. $202.00 (short-term)
2. $210.00 (next target)
Risk Management
Stop-loss: $192.00 – To mitigate potential downside risks.
Solana’s momentum suggests further gains are possible, but breaking above $200.00 will be the key to unlocking higher targets. Watch for volume confirmation before making entry decisions.