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🔥 Solana under pressure! Breakthrough or sinking to the bottom? 🌊
Solana (SOL) has come under a powerful blow from sellers, and its price is rapidly descending! 🚀➡️📉 In the last 24 hours, long position liquidations reached $83.15 million, while total liquidations for SOL exceeded $90 million.
📉 What is happening with SOL?
💰 The price of SOL began to fall from $159.68, broke through the important psychological level of $150, and is now balancing around $135. If this level does not hold, there could be a breakthrough to $130 and below. 😬
📊 Key levels:
🔻 Support: $135 – holding on by a thread! 🛑
🔺 Resistance: $145 and $150 – if we break through these, there’s a chance for recovery! 💪
💀 Why is it so bad?
🔹 RSI = 25.14 – indicates that Solana is extremely oversold, but that doesn’t mean it will bounce back immediately. 🤔
🔹 MACD is in the negative (-3.73) – the trend remains bearish for now. 🐻
🔹 Trading volume has increased by 225.77% – a lot of panic selling. 😵
💡 But there is a glimmer of hope!
Despite the current turmoil, analysts forecast that by December 2025, Solana could rise to $211.18, which is 49.85% higher than current prices. 🚀
🤔 My opinion:
Solana is a top-tier network with a powerful ecosystem, but the market is currently turbulent. If someone believes in it for the long term, perhaps the current drop is a good buying opportunity.
Solana (SOL) has come under a powerful blow from sellers, and its price is rapidly descending! 🚀➡️📉 In the last 24 hours, long position liquidations reached $83.15 million, while total liquidations for SOL exceeded $90 million.
📉 What is happening with SOL?
💰 The price of SOL began to fall from $159.68, broke through the important psychological level of $150, and is now balancing around $135. If this level does not hold, there could be a breakthrough to $130 and below. 😬
📊 Key levels:
🔻 Support: $135 – holding on by a thread! 🛑
🔺 Resistance: $145 and $150 – if we break through these, there’s a chance for recovery! 💪
💀 Why is it so bad?
🔹 RSI = 25.14 – indicates that Solana is extremely oversold, but that doesn’t mean it will bounce back immediately. 🤔
🔹 MACD is in the negative (-3.73) – the trend remains bearish for now. 🐻
🔹 Trading volume has increased by 225.77% – a lot of panic selling. 😵
💡 But there is a glimmer of hope!
Despite the current turmoil, analysts forecast that by December 2025, Solana could rise to $211.18, which is 49.85% higher than current prices. 🚀
🤔 My opinion:
Solana is a top-tier network with a powerful ecosystem, but the market is currently turbulent. If someone believes in it for the long term, perhaps the current drop is a good buying opportunity.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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