{"content":"$SOL /USDT – Breaking Out After Sharp Rally, Resistance at 205.70 in Focus Current Price: 204.32 USDT Technical View $SOL has surged 8.46% in the last 24 hours, reclaiming key levels after dipping to 186.67. The price is above the short-term MA(7) at 203.21, mid-term MA(25) at 196.16, and long-term MA(99) at 199.70, showing strong bullish momentum. Today’s high at 205.70 is the immediate resistance, while the low of 186.67 acts as critical support. Volume is strong, confirming active buying interest, but after such a sharp move, minor pullbacks are possible. Trade Plan (Scalp / Swing Setup): Entry Zone (Long Bias): 202.50 – 204.50 Targets: TP1: 207.50 TP2: 212.00 TP3: 218.00 Stop Loss: Below 199.00 Alternative Short Bias: A rejection at 205.70 with a drop below 202.00 could lead to a pullback toward 196.50 – 192.00. Market Insight The sharp recovery from 186.67 indicates bulls are defending support aggressively. A decisive close above 205.70 will reinforce bullish control, while failure to sustain above 202.50 may trigger short-term profit-taking. Risk management is key, as both upward continuation and minor corrections are plausible in the current environment. Bias: Neutral-Bullish above 202.50, Bearish below 199.00 $SOL {spot}(SOLUSDT)","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025082025/08/27/f4b464bb033c4047ac1e605248f0f0ed.png","https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025082025/08/27/54f01f15b343421fa33ad4209e1a7ce8.png"],"tags":[],"tradingPairs":["SOL/USDT"],"quotearticleid":0}