⚠️ Solana Dives -7.11% — Testing Key Support Amid Market Pressure



📊 Snapshot:




Price: $168.61




24h Change: ▼ -7.11%




Momentum: Strong bearish momentum with heavy selling volume




Volume: Significant spike in sell volume — panic or profit-taking?




RSI: Dropping fast toward oversold territory





🔎 Market Breakdown

Solana’s sharp decline reflects broad market weakness and possible profit-taking after recent highs. The critical question: will SOL hold its key support levels or face deeper correction?



🛡️ Critical Price Zones


Support Zone: $165 – $170 (must hold to avoid further downside)




Entry Zone: $165 – $168 (for cautious dip buyers)




Stop Loss: Below $160 (risk management)




Resistance Ahead: $175 → $185 (targets if bounce occurs)





🎯 Trading Strategy


Wait for stabilization and bullish reversal signals before entering




Use tight stops below support to minimize losses




Look for volume confirmation on any bounce





⚙️ Trade Type:

Dip Buy / Support Test




📊 Confidence Level: Medium — volatile market conditions require caution.



💬 Comment “SOL🔥” if you’re ready to buy the dip or “SOL✋” if you’re waiting on the sidelines.