$SOL encountered resistance and declined near previous highs, with a significant drop and noticeable selling pressure, as large funds are cashing out here.

If the current position continues to rebound to around 200, it still presents a good short opportunity.

The target can be seen at 177-184, a previously dense trading area that serves as a position for funds to support. A break below will initiate a new round of bearish market conditions.

#Solana #sol