$SOL Chart Observations
Current Price: $198.17
24H High: $204.96 → strong resistance zone.
24H Low: $184.60 → short-term support.
Trend: Strong bullish breakout from ~$178 area to $204, but now slight pullback.
Bollinger Bands: Price recently touched the upper band ($203.06), meaning it’s in overbought territory short term.
Volume: Spike in buying volume, but the latest candle shows selling pressure at the top.
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Key Levels
Resistance (TP Zones)
TP1: $204–205 → recent high, expect sellers here.
TP2: $210 → psychological round number and next potential breakout point.
TP3: $218–220 → major resistance from past swings.
Support (SL Zones)
SL1: $194–195 → minor support from last consolidation.
SL2: $187–188 → mid Bollinger Band and strong historical support.
SL3: $178 → key swing low before the pump.
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Suggested Trade Setup
If you buy now at $198.17:
Stop Loss (SL): $194 (tight) or $187 (looser, swing SL)
Take Profit (TP):
Conservative: $204
Moderate: $210
Aggressive: $218