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Recently, the price trend of SOL has shown significant changes. The daily chart indicates that SOL has broken through the previous narrow range of fluctuations, forming a downward trend structure. It is worth noting that the 180 price level, which was once an important support, has now turned into a short-term resistance, and this key position is suppressing the price rebound.
From a technical perspective, the current trend of SOL shows obvious signs of weakness. The loss of the psychological level of 180 not only indicates a weakening of bullish strength but also opens up space for further declines. Market participants need to closely monitor price reactions in this area, as it may become an important reference point in the near future.
For traders, it is important to remain cautious in the current market environment. If the price encounters resistance and pulls back in the 179-182 range, it may provide opportunities for short-term operations. However, whether going long or short, reasonable stop-loss positions should be set to cope with market uncertainty.
Looking ahead, if SOL cannot return above 180, the next important support area may appear between 150-130. This range may trigger some buying interest, but before reaching this level, the market may experience a prolonged downward process.
Overall, SOL is currently at a critical technical position. Investors should closely monitor the price performance at key levels while managing risks to accommodate potential volatility. Regardless of how the market develops, maintaining an objective and calm attitude is always key to successful trading.