The chart of $SOL
{spot}(SOLUSDT)
/USDT shows that Solana is currently trading at $180.93, recovering from its recent dip to $175.69, which acted as strong short-term support. The price has bounced back and is now approaching the 7-day moving average (MA7) at 179.12 and the 25-day moving average (MA25) at 179.45, both of which have been reclaimed, suggesting renewed bullish momentum in the short term. However, the 99-day moving average (MA99) at 185.48 remains an important resistance level that must be broken for further upside. The 24-hour high is $183.42, aligning closely with this resistance zone, making it a key level to watch. Volume has shown spikes during the recent bounce, indicating buying interest after the correction. If SOL manages to hold above the $179–$180 zone, the next target could be $185–$189, while failure to maintain this support range may push the price back toward $175. Overall, the trend is attempting a short-term reversal, but a clear breakout above $185 is crucial for stronger bullish confirmation.