The Crypto Assets market has received good news again, with Solana (SOL) price strongly rebounding, now breaking the 190 dollar mark. Like Bitcoin and Ethereum, SOL has shown remarkable rising momentum recently.

From a technical perspective, the SOL/USD trading pair has received strong support around $185, and then began a new round of pump. The price once surged above $202, even reaching a high of $210. Although there was a certain degree of Rebound afterward, the bulls remain active around $188.

It is worth noting that the SOL price is currently above the 100-hour simple moving average, which is generally seen as a positive signal. However, the market also faces some potential resistance. According to data from the Kraken exchange, a descending trend line has appeared on the hourly chart, with support around $202.

Investors are generally focused on the key resistance level of $198 for the upcoming trend. If SOL can break through this level, it is likely to further drive the rising momentum. However, considering the volatility of the market, investors should also remain cautious and pay attention to potential pullback risks.

Overall, Solana's performance is encouraging, but whether it can break through the $200 barrier and create new highs still needs further observation. In this rapidly changing Crypto Assets market, investors should closely monitor market trends and manage risks effectively.