📉 SOLANA Corrects After Hitting New High! What Happened?

The price of SOL/USDT on Binance is currently at $192.81 (±Rp3.14 million), down -4.91% in the last 24 hours.

Previously, it had reached a peak of $206.30, but quickly faced a sharp correction. ⚠️

🔍 SOL Movement Data: ▫️ 24-hour High: $206.30

▫️ 24-hour Low: $191.69

▫️ 24-hour Volume: 5.20 million SOL

▫️ USDT Volume: $1.04 Billion

▫️ 30-Day Increase: +49.98%

▫️ 7-Day Increase: +20.13%

📊 Quick Analysis:

SOL has rallied +50% in the last 30 days, so it’s reasonable to see profit-taking activity.

The current correction is still healthy if it can hold above the support of $185–$174.

The volume indicator is still high, indicating that market interest has not waned.

🎯 Short-term SOL Prediction:

Bullish if it stays above $185 ➜ potential retest of $206 or move to $215

Bearish if it breaks below $174 ➜ could correct to $157–$139

🚨 Beware of high volatility after price spikes. Don't forget to use Stop Loss & Take Profit!

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$SOL