Solana Coin Update $SOL (12/23)
📌The currency is witnessing a corrective decline and the price is moving within a descending sub-channel. We have previously mentioned this topic in the previous post.
📌The current situation must stabilize above the price of 200, which is currently a resistance area. It must stabilize above it to continue the rise. The 222 area must be broken and stabilized above it to try to reach 241 in the event of a breach of the descending sub-channel.
📌The other scenario is if the price is able to break the current support area at 182, it will retest the 161 area to continue the rise.