Solana ($SOL) is once again at a critical crossroads. After weeks of steady gains, the price has now pulled back to the key $183 support zone a level that traders are closely watching.
📊 Why $183 Matters
$183 has acted as a strong support in recent trading sessions.
A bounce from this level could spark renewed momentum toward $200+, signaling that buyers remain in control.
However, if $SOL fails to hold above $183, we could see a deeper retracement, with the next demand zone sitting around $172$168.
🔥 Bullish Case
Strong network activity and growing DeFi/NFT adoption on Solana.
Break above $190 could confirm strength and attract more buyers.
⚠️ Bearish Case
Breakdown below $183 may trigger stop loss cascades.
Short-term correction could open the way toward lower supports.
🚀 Traders’ Takeaway
This is a decisive moment: $183 will either be the springboard for the next bullish wave or the start of a deeper correction. Keep a close eye on volume and momentum signals before making moves.
