🚨A Bitter Holiday Season for $SOL ! Down 32% from Its Peak, Erasing the Entire Rally

Solana experiences a sharp correction, tumbling by -32% from its recent highs and wiping out the gains from its impressive rally. The price has found a technical rebound at the strong support level near $179.

Key levels to watch:

Resistance targets: The moving average and key resistance trendline.
Support zone: $179 remains a critical area for bulls to defend.

Traders should monitor volume and momentum carefully as Solana approaches these pivotal levels.