$SOL /USDT - Market Update
Current Price: $187.48 (-4.95%)
24H High: $199.57
24H Low: $187.20
Volume (SOL): 3.51M
Volume (USDT): 679.76M
š Market Overview:
Solana ($SOL ) is under significant selling pressure, with the price nearing its 24-hour low of $187.20. Bears remain in control, as the price has failed to hold above critical levels near $190. Key support at $187.20 needs to hold to avoid further decline.
š Key Observations:
Immediate support: $187.20
Resistance levels: $190.22 and $194.14
A strong breakdown below $187.20 could trigger a test of the $180 range.
š” Trading Tips:
Monitor $187.20 for potential buying interest or a breakdown for shorting opportunities.
A recovery above $190.22 could signal a rebound toward $194.14.
Employ cautious stop-loss levels as volatility heightens during this bearish phase.