โ ๏ธ Solana (
$SOL ) Market Update โ Bears Taking Control? โ ๏ธ
SOL tried pushing above the $217 resistance, but once again that level proved too tough to break. This shows clear selling pressure at the top.
Momentum indicators like RSI and MACD are signaling weakness โ even though price climbed recently, the strength behind that move is fading. Thatโs usually a bearish signal.
On the downside, the trendline support is at risk. If SOL breaks under it, selling could accelerate. The key level to watch is $200 โ if that gives way, the next zone might be around $175.
๐ Overall, Solana is looking under pressure right now, and traders need to stay cautious in the short term.
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