🚨 $SOL SOL DOWN -2.88%! BIG MOVE LOOMING! 🚨
is trading at $233.64, following a pullback from its recent high of $264.39. The current price action suggests consolidation, with support and resistance levels becoming critical.
💡 KEY LEVELS TO WATCH: 💡
Resistance: $264.39 – A breakout above this level could reignite bullish momentum, targeting $280+.
Support: $188.58 – A drop below this level could trigger a deeper correction toward $153.45.
📈 OUTLOOK:
SOL remains in a bullish trend despite the pullback. A rebound from current levels could signal the continuation of its upward momentum. However, failure to hold above support could lead to extended consolidation or a bearish turn.
⚠️ TRADING TIP:
Monitor price action closely at $233.64. Breakouts or dips will define the next trend. Use tight stop-losses to manage risk during this volatile phase.