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📉 SOL is facing a decline, dropping nearly 5% in the last 24 hours. The price is currently testing the $120-$125 support zone after a sharp correction from the $180 region.
🔎 Technical Insights: 📊 Bearish Trend: The chart shows a consistent downtrend, with lower highs and lower lows. 📌 Support Level: $120 is a critical level to watch—if it breaks, we could see further downside. 📌 Resistance Zone: A recovery above $130 could trigger a bullish reversal.
⚠️ What’s Next? If buying pressure increases at this level, SOL might see a bounce. However, if bearish momentum continues, we could see a further dip toward $110 or lower. Traders should stay cautious and manage risk accordingly!
📢 What’s your strategy for SOL?
Buying the dip or waiting for confirmation? Let us know in the comments! #SOL #Crypto #Binance #TWIN_TULIPS #Write2Earn