$SOL has shown a strong bullish rally, climbing steadily from the $186 range to its current level at $193.76, with resistance visible around $196.62. The momentum indicates buyers are in control, but the recent consolidation below resistance suggests a possible slowdown or pullback.
If the price breaks above $196.62, it could continue its upward trend. However, failure to break this level might lead to a retracement toward $190 or lower. Traders should wait for confirmation of a breakout or reversal before taking positions, managing risk accordingly.