Solana ($SOL L) is at a pivotal juncture, trading at $249.12 with significant bearish pressure, testing a critical support at $248.29. A break below this level could drive prices down to $245 or even $240, while a rebound toward the 24-hour high of $263.60 might signal recovery, with resistance at $264.79. With high trading volumes (4.15M SOL and $1.06B USDT), volatility is elevated, presenting opportunities for traders. Monitor key levels closely, set stop-losses to manage risks, and be prepared to act on breakouts or breakdowns for potential gains in this dynamic market.
