✅ ✅ ✅ SOL /USDT: Heavy Selling Pressure – Major Drop in Progress
$SOL is experiencing significant selling pressure, currently trading at $215.05, down 6.73% in the last 24 hours. The coin has dropped sharply from its 24-hour high of $236.46 to its low of $214.96, signaling intense bearish momentum. This rapid decline highlights strong liquidation activity, with $SOL struggling to find a stable support level.
Key Levels to Watch
Immediate support lies at $214.00, and if broken, the price could slide further toward $210.00 or even $205.00. On the upside, the first resistance is at $220.00, with additional hurdles at $228.00 and $236.00. Traders should approach cautiously as the bearish trend remains dominant, and further selling could intensify if volumes continue to rise.
Stay alert and ensure to manage your risk effectively in this highly volatile environment.
#sol #solana
