🚨 $SOL: Is Solana Running on Empty? 📉
Solana ($SOL) is stuck below $130, and the recovery is looking shaky. Forget fresh money flooding in – this move hinges on *existing* holders.
On-chain data offers a glimmer of hope: the Chaikin Money Flow (CMF) is climbing, signaling slowing capital outflows. But here’s the catch: new addresses are plummeting – down 11.3% in ten days! 🤯 Speculative interest is drying up.
Currently trading around $126, $SOL needs to break $130 to avoid a drop to $123, and potentially $118. Consolidation isn’t cutting it. Is Solana’s rally losing steam?
#Solana #CryptoAnalysis #Altcoins #SOL 🐻
SOLUSDT
Prep
125.28
-0.80%