$SOL Price Prediction: Indicators show that it is difficult to recover quickly
Before, Solana seemed to be going bullish, forming a flag-shaped rising pattern, and everyone thought it could rise to $300. But looking at today's daily chart, the price of SOL has fallen below the support level of $209.58, and the hope of rising has been shattered.
Moreover, the trading volume of this altcoin is getting smaller and smaller, and the market sentiment is also bearish, and sellers are obviously in the upper hand. If this momentum continues, the price of Solana may fall to $153.97, and the long positions will lose a lot, and it will be even more difficult to rebound quickly.
However, if the bulls can hold the support level of $170.75 and prevent the price from falling further, the momentum of the callback may be stopped. In this case, the price of Solana may rebound from below $200, and may even return to $264.66.
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