Solana Price Prediction: Bears Target Key Support Level as Momentum Fades
- Solana’s $180 support remains crucial as sellers tighten control over short-term trend
- Rising open interest above $10B hints at growing volatility and potential liquidation risk
- Recent inflows show cautious optimism returning after months of profit-taking pressure
Solana (SOL) is under renewed selling pressure after failing to reclaim the $190 resistance level. The cryptocurrency trades near $185, staying below the mid-Bollinger Band, which signals weakening short-term momentum. Analysts note that the breakdown from recent support suggests sellers have regained control, with momentum indicators aligning to the downside.
Key Levels Define Near-Term Direction
Immediate support for SOL lies between $180 and $182, aligning with the lower Bollinger Band. A close below this range could expose the price to $170, which coincides with the previous swing low and the 0% …
Read The Full Article Solana Price Prediction: Bears Target Key Support Level as Momentum Fades On Coin Edition.
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Solana Price Prediction: Bears Target Key Support Level as Momentum Fades
- Solana’s $180 support remains crucial as sellers tighten control over short-term trend
- Rising open interest above $10B hints at growing volatility and potential liquidation risk
- Recent inflows show cautious optimism returning after months of profit-taking pressure
Solana (SOL) is under renewed selling pressure after failing to reclaim the $190 resistance level. The cryptocurrency trades near $185, staying below the mid-Bollinger Band, which signals weakening short-term momentum. Analysts note that the breakdown from recent support suggests sellers have regained control, with momentum indicators aligning to the downside.
Key Levels Define Near-Term Direction
Immediate support for SOL lies between $180 and $182, aligning with the lower Bollinger Band. A close below this range could expose the price to $170, which coincides with the previous swing low and the 0% …
Read The Full Article Solana Price Prediction: Bears Target Key Support Level as Momentum Fades On Coin Edition.
Read More
Bitwise Solana ETF Extends Record Debut, Sees $72M Volume on Day Two