📉 Is $Solana (SOL) Looking for a Rejection? After a recent

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📉 Is $Solana (SOL) Looking for a Rejection? After a recent rise, Solana's price is struggling to break through a key resistance level. It's consolidating just below this threshold, and trading volume hasn't picked up enough to prevent a possible bearish divergence. 🔮 Could SOL Plunge Below $130? SOL is currently in a narrow range, with bears pushing back each time it nears $175. Though it has rebounded from near $160, hopes of reaching $180 are dimming due to looming bearish sentiment. 📊 Short-Term Outlook: Current Support: Testing a key trend reversal zone.Potential Drop: If bulls weaken, price may fall to $164. A 5% pullback could ensue if RSI hits lower thresholds.Key Levels:Resistance: $175Support: $160 initially, potentially $140 later. Traders are eyeing these levels to either reinforce the bearish trend or inject liquidity to push SOL above $170.

📉 Is $Solana (SOL) Looking for a Rejection?
After a recent rise, Solana's price is struggling to break through a key resistance level. It's consolidating just below this threshold, and trading volume hasn't picked up enough to prevent a possible bearish divergence.
🔮 Could SOL Plunge Below $130?
SOL is currently in a narrow range, with bears pushing back each time it nears $175. Though it has rebounded from near $160, hopes of reaching $180 are dimming due to looming bearish sentiment.
📊 Short-Term Outlook:
Current Support: Testing a key trend reversal zone.Potential Drop: If bulls weaken, price may fall to $164. A 5% pullback could ensue if RSI hits lower thresholds.Key Levels:Resistance: $175Support: $160 initially, potentially $140 later.
Traders are eyeing these levels to either reinforce the bearish trend or inject liquidity to push SOL above $170.