Solana Retreats to $192 — Buy on Weakness If Support Holds

I see Solana pull back 5.4% to $192.52 after failing at the $200 resistance — a clear short-term rejection but not a trend reversal.

ETF approval odds near 90% keep the fundamental backdrop bullish, while technicals point to consolidation around key support levels. I’m watching whether the $190 area holds as immediate support.

If $190 holds, I’d look to accumulate on weakness with defined stops; a break lower would warrant reassessing risk until buyers reappear.