The price trend of Solana (SOL) has once again attracted market attention. Recently, SOL broke through the key price range of $196/$200, which has brought uncertainty to the short-term trend.

Market participants are now closely watching the upcoming trend: will there be a rebound first or will it continue to decline? If SOL chooses to decline first, the support level around $180 is expected to trigger a rebound. Conversely, if there is a rebound first, the $196/$200 area may become an important resistance point for bears.

From a broader technical perspective, SOL has currently formed a complex wedge consolidation pattern. This pattern typically indicates that an important breakout is imminent. However, investors should remain cautious until the pattern has clearly broken out.

For traders, the best strategy at this stage is to remain patient. Jumping in immediately after a significant rise or fall can carry high risks. Instead, waiting for clearer market signals may be a wiser choice.

Overall, the price trend of SOL is at a critical crossroads. Whether it breaks through or retraces could trigger significant price volatility. Therefore, market participants need to closely monitor price behavior and adjust their strategies in a timely manner based on market changes.