Solana Coin Update $SOL :
📌 Current Technical Analysis:
The coin is undergoing a corrective decline and moving within a descending sub-channel. In the previous analysis, we indicated the possibility of testing the $200 level, which has already been achieved, which is considered a positive sign for completing the upward movement in the future.
📌 Critical area to follow:
The price must stabilize above the $222 support level, as this level is considered strong support to continue the rise. If the price is able to break the $241 level and stabilize above it, this may open the way to reaching $270 in the event of breaking the descending sub-channel.
📌 Alternative scenario:
If the price fails to maintain the $222 support level and breaks it, this may lead to a retest of the $200 area again, with the possibility of resuming the rise later after this test.
Advice: Price movements should be closely monitored at these key levels, as this will determine the next trend.