The Solana coin has seen a sharp decline in recent hours, breaking the strong support area at $158, and dropping to a low of $144.

This sharp decline came after the price failed to maintain positive momentum, pushing the market into a short and rapid selling wave.

🔍 Key technical observations:

The $158 level has now turned into resistance.

  • The current price ($144) is trying to hold, but without confirmation yet.

  • A new break below this level could open the way towards $138 - $132

💡 From a short-term trading perspective:

  • A clear close above $150 may restore positive momentum.

  • Momentum indicators (RSI and others) suggest a near-term rebound is likely.

📊 Check out the attached chart to follow the breakout and support and resistance levels.

Is it time to buy or more falling?

👇 Do you think that $SOL is it a buying opportunity after this drop? Or is the bleeding not over yet? Share your opinion with me!

#SOLUSDT #BinanceSqu #MarketPullback