Solana ($SOL) has recently shown strong momentum, reclaiming the $200 level, but signs of exhaustion are now emerging. Traders and analysts are watching closely as the market hints at a potential short-term correction.
Key Levels to Watch:
Immediate Support: $188 – a crucial floor holding the market together.
Major Support: $180 – if this level breaks, further downside pressure could trigger.
Lower Support Zone: $175–$176 – the next area where buyers may step in if $180 fails.
Why the Concern?
Profit-taking near the $200 resistance.
Broader crypto market uncertainty.
Bears gaining momentum below $188.
What’s Next?
If Solana holds above $188–$190, a rebound toward $210–$215 remains possible. But a clear drop below $180 could open the door for deeper losses.
Your Move:
Will you buy the dip near $180 or wait for a confirmed breakout above $200? Comment below and share your strategy!