Solana Finds Critical Support: Will $200 Mark the Reversal? (20251013PM).
The current technical setup presents a clear make-or-break scenario centered on two critical price levels. Support at $195 must hold to maintain bullish structure integrity, while a decisive break above $200 would confirm trend resumption and likely trigger additional technical buying. The risk-reward profile at current levels favors long positioning, particularly for traders comfortable with tight stop-loss management below $188. However, failure to defend $195 would open the door to deeper retracement toward $185-188 before the next attempt at recovery.