Solana (SOL) has experienced a decline in price, falling from its previous high near $280 to around the $199-$202 range. The market is at a critical point, with support levels being tested. The daily chart analysis suggests a bearish structure in the short term, with lower highs and lower lows. The $180-$190 support zone is important, as a breakdown below it could lead to further downside risk. Resistance levels at $220 and $260-$280 are crucial for a potential breakout if bulls regain control. The Relative Strength Index (RSI) indicates a bearish sentiment, but a notable divergence could signal a reversal. Bulls need to push SOL above the $220 resistance level for a trend reversal, while failure to hold above $190 could lead to increased selling pressure. The next few trading sessions will determine whether SOL can regain momentum or continue its downtrend.



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