Solana (SOL) price experienced a rejection after reaching a three-month high, resulting in a 3% drop in the past 24 hours.
The price recovery in the last two months brought SOL near June's highs after completing an inverse head and shoulder pattern.
Currently, SOL is showing weakness and initiating a pullback on the daily chart, with the possibility of a further decrease if it drops below the daily low.
The key resistance levels to watch are $181.6, $194, and $210, while key support levels are $160, $147.7, and $135.5.