SOL/USDT is consolidating around the $188 level following a corrective move from the recent $213 high. Price action is approaching an ascending trendline that has held as support in previous sessions. A potential scenario would be a retest of the $185–186 area, followed by a bullish rebound toward the $200–204 zone. A clean break below the trendline could invalidate this setup and expose downside toward $175.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.