🧐 Technical Analysis SOL as of February 23: Critical support at risk or imminent bounce? 🚀
Good morning Solana ecosystem family. We start the week with our eyes on the chart of <c-48> because we are in a VERY important decision zone.
I just reviewed the on-chain data and the technical analysis for this weekend, and this is what I see:
1️⃣ Current Price: Solana is trading around $80 - $84, after extending its losses for the sixth consecutive week since mid-January. The overall sentiment remains bearish for now.
2️⃣ Key Supports to Watch: