$SOL /USDT - Sharp Correction After Recent Highs! 🚨
📊 Current Price: $208.69 (-5.74%)
24H High: $223.18
24H Low: $205.70
Volume: 3.17M $SOL / 682.09M USDT
🔥 Layer 1 Token Under Pressure
Key Levels to Watch:
Resistance: $215.00, $223.00
Support Zones: $205.00, $200.00
Market Behavior Insights:
SOL experienced a sharp decline after testing the $223.18 level, dropping toward the key support zone at $205.70. The current momentum suggests continued pressure, but buyers may look to step in near the $205 level.
Trading Strategy:
Entry Range: $205.50 - $210.00
Targets: $215.00, $220.00
Stop-Loss: $200.00
Analysis:
The corrective move brings $SOL closer to its strong support at $205.00. A bounce from this level could lead to a recovery toward the $215 resistance. Watch for increased buying volume as an indicator of reversal.
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