⚠️ 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.