SOL Market Analysis: Key Support and Resistance Levels and Trend Outlook
Currently, SOL shows a bullish pattern across all levels.
Today, pay close attention to the critical point of 238.6; if the price falls below this level, the 1 - 2 hour timeframe will initiate a correction process.
On the downside support levels, focus on 234.4, 229.3, and 223.2; if the price further drops below 234.4, the 4-hour timeframe will also enter a correction phase.
Conversely, as long as the level of 238.6 is not breached, SOL will maintain its bullish advantage across all levels and continue to rise.
The targets and resistance levels above are around 245, 248.8, and 252.3; these points will be important testing levels for SOL's upward movement and will have a key impact on the subsequent market trend. Investors need to closely monitor price dynamics to adjust trading strategies in a timely manner. $SOL