$SOL
# TECHNICAL ANALYSIS – BEARISH PRESSURE EMERGING
$SOL has shown a slight pullback after testing the recent high around 237.00. The price is currently hovering near 229.11, close to a minor support zone around 227.13–226.63. The intraday momentum suggests bearish pressure may continue if the support breaks.
Key Levels:
Resistance: 233.15 | 235.32 | 237.00
Support: 227.13 | 226.63 | 225.00
Next Move:
Bearish Scenario: A breakdown below 227.13 could target 226.63 and potentially 225.00.
Stop Loss: Above 233.15 to limit risk on short positions.
Risk Management: Maintain proper position sizing and avoid over-leveraging; target-to-risk ratio should be at least 2:1.
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