SOL Trend Analysis: The Battle of Support and Resistance

Despite a recent short-term rebound in SOL, it remains in a correction trend overall.

In the current market environment, there are several key price levels that warrant close attention.

First, the important support level is at $200 below. If the price falls below this level, it could significantly increase the risk of further corrections, leading to a deeper adjustment phase.

On the upside, $235 serves as a key resistance level.

If the price can successfully break through this critical point and establish a foothold above it, SOL has the potential to expand its upward space further, initiating a new round of upward momentum, providing investors with more market opportunities and potential returns.

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