$SOL dips slightly to $207.91 (-1.74%) but momentum remains strong with trading volume at $749M! Here’s the complete breakdown:
📌 Current Price: $207.91 (-1.74%)
Slight pullback from recent highs – healthy consolidation for potential next move.
💪 Key Support: $202
Watch for a bounce off this level for a continuation upward.
Failure to hold $202 could trigger a deeper pullback.
📊 Trade Insight:
Despite the dip, trading volume remains robust – buyers and sellers are active.
Price action near $202 will indicate if $SOL is ready for a rebound or further correction.
Momentum traders should watch the 24h high as a potential breakout zone.
⚡ Market Vibe:
Healthy consolidation after a dip – setup for the next bullish push if support holds.
Strong volume suggests institutional interest is still present.
🔥 Bias: CAUTIOUS BULLISH – watch support and price reaction carefully before entering new positions.
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