From a daily perspective, Sol (SOL) remains in a downtrend. With the downward trend clearly established, the key next step is to identify effective support levels and observe whether these levels provide clear stop-loss signals.
Previously, $173 served as support, but current market performance suggests the probability of this level holding is decreasing. Bearish momentum has yet to fully unleash, and even if a downward trend occurs, a break below $173 is highly likely.
If this support level is breached, the next step will be to focus on the effective support range further down. Overall, there is a concentrated trading range between $155 and $160, which is expected to form the next important support level.
