According to the latest market data, the price of SOL has shown a volatile downward trend recently. The 4-hour Candlestick Chart indicates that SOL briefly touched a low of 231, reflecting the current market's insufficient long positions and the possibility of a pullback.



Analysis shows that the range from 246 to 253 forms a key resistance level. If the price rebounds to this range but fails to break through, it is likely to continue the downward trend. This situation highlights the cautious sentiment in the market and the potential downside risks.

For traders, the area around 224 to 230 may present a noteworthy shorting opportunity, with a potential downside target around 210. However, investors should exercise caution and closely monitor market trends and potential support levels.

It is important to note that the cryptocurrency market is highly volatile, and investors should conduct a comprehensive risk assessment before making any trading decisions. At the same time, market conditions change rapidly, so it is crucial to update analysis and adjust strategies in a timely manner.
SOL-2.39%
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GasSavingMastervip
· 18h ago
Slipped away, slipped away. Who can withstand this wave of fall?
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PortfolioAlertvip
· 18h ago
I’m leaving, I’m leaving, stop messing around.
View OriginalReply0
FUDwatchervip
· 18h ago
玩不过庄家 先歇几天
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GhostChainLoyalistvip
· 18h ago
Solana falls healthier
View OriginalReply0
SellLowExpertvip
· 18h ago
这一波又得刀口舔血了
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