Keep an eye on support and resistance levels

On a daily TF, It breaks the major support of $ 150 and now trading below it. The first resistance for SOL is the $ 148 - $ 152 area, and it needs to go above it to gain some bullish momentum. If it is rejected from the $ 148 - $ 152 resistance area, we see a test of the major support of the $ 125 - $ 130 area. SOL needs to hold the support. Otherwise, we may see the price going below the $100 area.

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