Solana (SOL) experienced a 15% gain in daily trading as it recovers from recent losses.
The bears are still pressuring the market, causing potential dips in price. If the bears break a critical support level, a dip to $160 - $150 is expected.
On the other hand, the bulls have shown some defense against further dips, potentially leading to a market recovery and setting a new bullish tone.
Key resistance levels to watch are $223, $244.7, and $272, while key support levels are $202, $190, and $175.9.