$SOL is entering a correction phase after a slight increase.
After a short recovery, the price $SOL has started to turn back down, indicating that the buying power is not strong enough to maintain the upward momentum. On the chart, profit-taking pressure appears around the nearby resistance zones, causing the price to temporarily lose upward momentum.
Currently, the short-term trend of $SOL leans towards correction or sideways movement, as the market needs more time to absorb the supply. Whether the price holds or loses the upcoming support levels will play a crucial role in determining whether #SOL can recover soon or continue to face downward pressure in the near future.
SOL
126.3
+0.65%