🚀𝐒𝐨𝐥𝐚𝐧𝐚 ( $SOL ) 𝐏𝐫𝐢𝐜𝐞 𝐀𝐜𝐭𝐢𝐨𝐧: 𝐑𝐞𝐭𝐫𝐚𝐜𝐞𝐦𝐞𝐧𝐭 𝐨𝐫 𝐁𝐮𝐥𝐥𝐢𝐬𝐡 𝐂𝐨𝐧𝐭𝐢𝐧𝐮𝐚𝐭𝐢𝐨𝐧? 𝐇𝐞𝐫𝐞'𝐬 𝐖𝐡𝐚𝐭 𝐘𝐨𝐮 𝐍𝐞𝐞𝐝 𝐭𝐨 𝐊𝐧𝐨𝐰!📊💡

Solana has been a standout performer in the crypto market, currently down ~1% and testing resistance around $220. With Bitcoin’s sideways motion, Solana’s recent surge is undergoing a natural pullback as traders lock in profits. A pullback to $210-$205 could be on the horizon, but it’s not set in stone.

Despite this short-term dip, Solana remains strong in its overall bullish trend. A breakout above key resistance levels makes 𝐬𝐡𝐨𝐫𝐭𝐢𝐧𝐠 $𝐒𝐎𝐋 not advisable right now. Expect a natural retracement, but don’t bet against the trend.

Resistance lies at $220, with $221 being a strong liquidation zone. Strong support zones are at $210 and $203, making them prime areas for potential long entries.

Currently above the 20-day Simple Moving Average (SMA), Solana’s price is likely to trade between $196 and $220 unless a breakout occurs. The RSI is above 50, indicating positive buying pressure.

While the market may feel uncertain, Solana’s long-term outlook remains bullish. A potential retracement to $210-$203 offers a prime buying opportunity, but wait for confirmation before entering any long positions. 🕒

What’s your strategy for trading Solana right now? Are you waiting for the pullback or jumping in early? Drop your thoughts below!

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