Will #SOLANA Turn Bullish ⁉️
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- Market volatility: Bitcoin dropping, affecting altcoins like Solana.
- Solana still consolidating with strong network usage and total value locked.
- Technical analysis: Resistance and support levels for Solana at 172-175 and 160-158.
- Importance of Solana's performance against Bitcoin, which has declined recently.
- Solana's fundamentals are still considered good.
- Expectation for Solana to drop to the support level of 160-158, with a strong reaction anticipated but not necessarily a rally.
- Possibility of a bearish breakout if Solana fails to gain momentum from the support level.