Intraday focus on the support level near 173. If it can effectively maintain above this level, we may see a rebound. Watch the resistance levels of 183.5, 185.5, and 188. If broken, look for targets at 195.5, 207, and 223.
If it remains below 188 throughout the day, it will continue to trend downwards. Look for support levels at 173 and 171. If these are breached, watch for 167, 164, and 160, then look for 157 and 154.
(SOL intraday trading suggestion: Go long near the support level of 173, stop loss below 173. For short positions, target near resistance levels of 180, 183.5, 185.5, and 188, with a stop loss above 188.)
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