#MarketTurbulence Simplified Technical Analysis:
Current Trend: Bearish in the short term (due to a 5% decline).
Nearby Resistance Level: 200 - 210 USDT.
Strong Support: 165 - 175 USDT, should be monitored.
Buying Opportunity: If the price holds above 175 USDT with high trading volume.
Relative Strength Index (RSI): Not visible in the image, but if provided, I can analyze entry and exit more accurately.
📌 Technical Tips:
If the support at $175 is broken, we may see a drop towards $160.
If the resistance at $200 is breached, the coin may return to levels of $220-240.
Keep an eye on general market news and the performance of altcoins, as they directly affect SOL.
Would you like me to create a technical chart (support and resistance levels) based on this data?