π $SOL is at a critical $202.94, down 1.58%. Traders are eyeing two key scenarios: a breakout to $350 or a drop to $150.
π Will SOL Break Resistance?
SOL is testing resistance at $240.43. A breakout could push it toward $350.If rejected, the price may retest $196.44 support or drop toward $150.
π’ Social Volume & Market Sentiment
Mentions of Solana rose to 1,235, showing growing interest.
Social Dominance at 5.78% β SOL isnβt dominating the discussion yet.
Sentiment remains slightly bearish (-0.54), meaning traders remain cautious.
π RSI & MACD Signal Caution
RSI at 42.41: Near oversold but not yet reversing.
MACD at -3.61: Suggests short-term bearish momentum but nearing neutral territory.
π Traders, Watch These Levels!
Break above $240.43? Target $350.
Failure to hold $196.44? Risk of dropping to $150.
π A shift in sentiment could fuel a rally β SOL remains at a pivotal moment!
β οΈ Disclaimer: This post is for informational purposes only and does not constitute financial advice or endorsement.
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