SOLANA's Correction After Hitting a New High ๐
Solana (SOL) hit a peak of $206.30 but then faced a sharp correction, with the current price at $192.81 (-4.91% in 24 hours). Given SOL's *+50% rally in the last 30 days*, some profit-taking was expected ๐.
๐ SOL Movement Data
- *24-hour High*: $206.30
- *24-hour Low*: $191.69
- *24-hour Volume*: 5.20 million SOL
- *USDT Volume*: $1.04 Billion
- *30-Day Increase*: +49.98%
- *7-Day Increase*: +20.13%
๐ Quick Analysis
The correction seems healthy as long as SOL holds above the *$185โ$174 support range*. High volume indicates market interest remains strong ๐ฅ.
๐ฏ Short-term SOL Prediction
- *Bullish* if SOL stays above $185 โ potential retest of $206 or move to $215 ๐
- *Bearish* if it breaks below $174 โ could correct to $157โ$139 ๐
๐จ Important Reminder
Be cautious of high volatility after price spikes โ ๏ธ. Don't forget to use *Stop Loss & Take Profit*! ๐ก
Do you want me to help you discuss Solana's potential ๐, look into crypto trading strategies ๐, or explore other crypto topics ๐?#Write2Earn $SOL