1/ 🚨 Price Struggles
Solana (SOL) faced a substantial decline over the past few sessions.
Sellers aimed to push SOL below $250.
2/ 📈 A Brief Uptick
SOL started the previous week with a 1.04% increase, settling at $239.
Intraday high of $247 on Tuesday, but then dropped by 0.89% to $237.
3/ 💔 Bearish Sentiment
Bearish momentum continued through Wednesday with SOL falling by 0.97% and settling at $235.
Weak market conditions affecting price action.
4/ 🌟 Strong Rally on Thursday
SOL surged almost 9%, breaking above $250 and closing at $256.
A relief rally amidst volatility.
5/ 💥 Volatility on Friday
Friday witnessed significant price fluctuation, with buyers and sellers battling for control.
A marginal increase in price as both sides jockeyed for position.
6/ 🏠 Weekend Struggles
SOL couldn’t stay above $260, reaching a high of $264 on Saturday.
After a 0.78% drop, it settled at $254.
7/ 🔻 Intensifying Selling Pressure
Sunday saw a drop to $241, but buyers quickly pushed the price back up to $250.
Closed at $253, a small recovery despite the pullback.
8/ ⚖️ Current Session
SOL is marginally up as buyers and sellers try to assert control.
Sellers aiming to take it below $250 while bulls are eyeing a breakout.
9/ 🚀 What’s Next?
If SOL manages to break above $260, expect a surge towards $280-$290.
However, sellers are likely to push for a retest of $250 as support.
10/ 🔮 Conclusion
SOL’s future largely depends on breaking past $260 or falling below $250.
Watch for these levels to gauge the next big move.
💡 Stay tuned for more updates!
#SOL #Solana #Crypto #PriceAnalysis #SOLFutureRise
