SOLUSDT PPI data comes out in the morning and 0.2% is priced in. If it’s higher then we might see a reversal back to at least $187 and if it’s lower then I think we will see $215 by the end of the week. With the CPI data we saw today, chances of a rate cut next month are over 90% which means we are likely in a bullish cycle.
SOLUSDT next support should be at the 187.71 level but it's unclear if it will drop that far. There is also a gap it may come back to fill at the 186.68 breakout point.