⚠ $$SOL /USDT Plunges Below $180 – Is This a Buying Opportunity or More of a Downside? ⚠
$SOL
Solana ($SOL ) has had a sharp breakout, currently trading at $178.68, down 6.42% in the past 24 hours. After a brutal rejection from $191.10, SOL has cut through key support areas, falling to a fresh 24-hour low of $177.88. This heavy selling suggests strong bearish pressure, but the question remains: is this a pullback opportunity or a warning of further declines? If Sol fails to reclaim the $180 mark, a deeper correction towards $175 and possibly $170 could follow.
However, if buyers step in around this area, we could see a quick bounce towards $185 and $190, making this a key reversal point for traders. Volume has been rising, suggesting increased volatility, so traders should watch price action closely. A confirmed reversal from $182 could lead to bullish strength, while failure to hold above $178 could lead to further downside. Stay cautious – Sol at critical level “#solana