$SOL Shows Strong Signs of Recovery
$SOL is showing promising signs of recovery, bouncing back from a low of $215.68 to its current price of $219.11. This upward movement follows a significant sell-off, indicating that buyers are stepping in to defend key support levels. The next major resistance is at $221.86, and a breakout above this level could push $SOL towards the next resistance at $225.61, potentially attracting further buying momentum. However, if SOL falls below $217.64, it could revisit support around $215.68. Traders should watch volume and RSI closely for signs of strength and consider setting stop-loss orders to manage risk and lock in profits during this volatile price action.
