Already lost almost 30% in the last 10 days… After hitting $275, now back to $181… What’s happening in the market… Really, we are all bound to predict..
$SOL Price Update: Key Levels to Watch..
$SOL It is trading at $181.76, showing a sharp decline of -13.4% in the last 24 hours. After hitting a high of $211.35, the price has dropped to a 24-hour low of $181.76.
Key Levels:
Support: $179.19 – A drop below this level could push the price towards deeper declines.
Resistance: $186.40 – Bulls need to reclaim this level to regain momentum.
Trade Setup:
Entry: Around $181.76 for a short-term play.
Targets:
1. $186.40 (Short-term recovery)
2. $193.59 (Next resistance area)
Risk Management:
Stop Loss: $179.00 to mitigate additional downside risk.
Pro View:
As bearish momentum continues to dominate, watch for a potential rebound near the $179 support area. Short-term traders can look for quick moves, but risk should be carefully managed.
