📉 Price: $222.77 (-5.66%)
Solana has pulled back after an impressive rally, facing strong rejection at $237 — a critical resistance zone that bulls failed to break. The price is now retesting support near $221, showing signs of a short-term correction while the mid-term trend remains bullish.
📊 Market Overview:
🔸 After multiple attempts to push higher, sellers stepped in near $237.
🔸 A healthy retracement is now unfolding, with eyes locked on the $215 zone as the next key support.
🔸 This correction may offer a fresh accumulation opportunity for spot traders looking for the next bullish leg.
💥 Futures Signal:
🔻 Short Below: $221.00
🎯 Targets: $215 / $208
🛑 Stop Loss: $230.00
🟢 Spot Opportunity:
Re-entry between $210 – $215 could be a golden zone for patient buyers looking to ride the next breakout. A bounce from this level may trigger a renewed uptrend toward the previous high.
📈 Trend:
✨ Mid-term: Bullish
⚠️ Short-term: Retracement in play
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