$SOL has been rejected from the $209 major high and is currently retracing. The price is trading near $178 after losing momentum. The next support levels to watch are $170 and the $155 zone.
Key Levels to Watch
- *Resistance:* $200+ - a crucial level that needs to be reclaimed for a potential trend reversal
- *Support:* $170 and $155 zone - key levels that could determine $SOL next move
Market Outlook
The short-term trend remains weak unless bulls can reclaim above $200+. You should adjust your trades according to the above levels.
