$SOL /USDT Update – Testing Resistance Levels
Current Price: $198.30 (+0.98%)
$SOL/USDT is consolidating near $200 after reaching a high of $201.85, holding support above MA(7) and MA(25).
Entry Suggestion:
Long Entry: $197-$198 on dips.
Targets:
Short-term Target: $202
Next Target: $210
Stop Loss:
Place a stop loss below $194 to manage risks effectively.
Market Outlook:
SOL remains bullish if it can break $202 with volume. A rejection could lead to minor consolidation before the next move.