Solana (SOL) is currently at a critical moment, with the price level of $192.8 on the 1-hour chart becoming the market focus. The importance of this level cannot be overlooked, as it will determine the direction of SOL in the short term.



If SOL can hold above $192.8, it will indicate that the upward momentum is still continuing. In this case, we can expect the price to test the resistance level of $198 upward. If it can break through this level, the next targets will shift to higher positions such as $199, $203, and $206.

However, if the support level of $192.8 is broken, it may indicate that the recent rebound has come to an end. In this case, investors need to closely monitor the lower support levels of $190, $186, and $182, as these levels may become potential stabilization points.

Currently, market participants are closely monitoring every price movement of SOL. Whether it breaks through the upper resistance or falls below the lower support, it may trigger significant price fluctuations. Investors should consider other technical indicators and fundamental factors when making decisions to gain a more comprehensive market insight.
SOL2.94%
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QuorumVotervip
· 08-15 08:30
Solana is up, brothers.
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ZkSnarkervip
· 08-15 07:50
well technically the support levels are just mass psychology rn
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SocialAnxietyStakervip
· 08-15 07:49
Bullish! Can't hold on anymore, I want to buy the dip.
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ConfusedWhalevip
· 08-15 07:42
There is also resistance up and down, just a line is missing.
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RektRecordervip
· 08-15 07:40
Let's not be wishy-washy, let's just do it 200.
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PessimisticLayervip
· 08-15 07:40
If you can't stand steady, there will be a big dump.
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