Solana (SOL) is facing selling pressure and bears have gained control after a failed breakout above all-time highs. Key support levels will determine Solana's next move. Analyst Carl Runefelt suggests that Solana may retest a horizontal resistance if it breaks down a bearish flag pattern. If the breakdown occurs, Solana could drop to lower demand zones, but if bulls reclaim key resistance levels, a recovery may be possible. The next few days will be critical in determining Solana's trend reversal or continued bearish momentum. Bulls need to defend current levels, while bears aim to push SOL below $200. Reclaiming $220 as support could lead to a potential trend reversal. Traders should closely monitor price action around $220 and $200 to determine Solana's short-term direction.



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