🔥 Solana (SOL) – Ready to Break Out or Breakdown? 🔥
Where is $SOL headed next?
After the recent market-wide dip, SOL saw a sharp correction, touching $205 before rebounding strongly to $230 (current price). While many altcoins have shown signs of recovery, Solana's move has been notably aggressive, drawing attention from both bulls and bears alike.
But here’s the twist — unlike BTC, which is nearing its all-time high, SOL is still battling to reclaim its key resistance level of $255. This is a crucial point to watch because breaking it could open the doors to $275, while failure could bring SOL back down to retest support at $205.
📊 Key Levels to Watch:
Resistance: $255— Breaking this could send SOL flying to $W.
Support: $205 — A critical level to hold for bullish momentum.
⚠️ My Take ⚠️
With volume surging and volatility back in action, SOL might be gearing up for a big move. But will it be UP or DOWN? The key lies in its ability to reclaim that critical $250 level. Bulls will need strong momentum, and any rejection could see a retest of lower
