📉📈 SOL Price Dump and Pump, Can Solana Overcome Selling Pressure?
📈 Solana Price Recovery Underway
Solana (SOL) has begun a recovery after a significant decline below key support levels, with bulls stepping in around $110. 🚀
📉 Immediate Resistance Levels:
SOL faces resistance near $150, followed by a major hurdle at $160, where a bearish trend line is forming on the 4-hour chart.
📉 Potential Upside Momentum:
A breakthrough above $160 resistance could pave the way for a substantial increase towards $182 and potentially $200.
📉 Support Levels in Focus:
On the downside, initial support is at $140, with major support zones around $132 and $125. Further declines could test the $115 support level.
Stay tuned for developments as SOL navigates through these critical levels! 📊
