$SOL is currently trading at around 188.76 USDT. Current market dynamics suggest a potential short-term correction, with analysts predicting a drop that could go down to the 150 dollar level.

Support levels:

178.26 dollars: This level has been identified as a key support point. A drop below this level may indicate continued bearish momentum.

169.49 dollars: A deeper support level that traders are watching.

Resistance levels:

204.57 dollars: The first resistance level, with a potential secondary resistance at 222.11 dollars.

230.88 dollars: A higher resistance point that may be tested if bullish momentum continues.

Traders should exercise caution, as current market sentiment is cautious. A break below the support levels could lead to further declines, while a successful test and hold above the resistance level could signal a continuation of the bullish trend.