🚀 Solana (SOL) Market Update: Bulls vs. Bears at Key Support!
📉 Current SOL Overview:
🔻 Solana is battling a key support zone, with a tug-of-war between bulls and bears.
📊 Critical Levels to Watch:
Resistance: $133.17 (Breakout needed for trend reversal)
Support: $121 (Short-term), $112-$113 (March swing low), $110-$102 (Major demand zone)
🔹 Technical Analysis:
✅ Bullish Scenario: If SOL holds support and breaks above $133.17, we could see a move toward $170-$180 in a new impulse wave.
⚠️ Bearish Scenario: If resistance holds, further downside to $110-$102 remains likely before a reversal attempt.
🔹 Market Outlook:
📈 A strong breakout above resistance could confirm bulls are taking control.
📉 However, consolidation suggests we may still see another lower low before a trend shift.
📌 Final Take:
SOL remains in a downtrend, but a break above $133.17 would be the first sign of bullish momentum. Key supports at $110-$102 could act as a strong bounce zone.
📢 What’s your take on SOL’s next move? Drop your thoughts below! 👇