🌙 $SOL remains steady at $189 despite intraday correction — Is an imminent rebound coming?
Current Price and Technical Structure
Current price: $189.41
Intraday range: minimum $186.74 — maximum $195.33
SOL corrects from the daily peak but remains above the key support of $186–$188. It continues within the validated weekly uptrend channel since $170.
Key Factors
Daily volume above $4 billion, high active liquidity, exceeding the weekly average
In the upward trend, it accumulated a +4.4%, while the crypto market overall rises only 1.3%
Reached a market capitalization range of $103–104 billion
Despite the technical pullback, the strong adoption narrative remains: high developer activity, dominance in DEX and NFTs according to analysts
Technical Level of the Day
Key support: $186–$188
Immediate resistance: $195–$197
Critical zone: staying above $188 validates a new rebound towards $195–$200, while a close below that level could open correction towards $180–$185.
Institutional / Macro Outlook
Solana is shaping up as a strong structural altcoin: high usage in DEX/NFTs, robust developer ecosystem, and recent inflows via staking ETFs. The current correction is seen as a “buying opportunity” amid macro consolidation and ongoing institutional interest.
Will you take this dip to buy $SOL near $188 or are you waiting for a clear signal of a rebound towards $195+? Respond below 👇
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