Today, Solana is clearly under strong selling pressure after breaking key support levels and failing to hold above the EMA10 and EMA30
In short:
• After hitting $206, we saw heavy profit-taking.
• Price failed to maintain momentum and only had a temporary bounce from $155.
• A breakout above $166 with strong volume could push it back to $175, otherwise, a retest of the $150-$155 zone is likely.
• Tip: Watch volume and price action at support levels before entering any trade.