⚠️ WARNING! 🚨
👀 Solana (SOL) Crash Warning as Support Collapses, Eyes on $200:
👀 Solana (SOL), the world’s fifth-biggest cryptocurrency by market cap, is poised for downside momentum as its daily chart flashes a warning sign. On December 3, 2024, the sentiment across the cryptocurrency landscape appears bearish, with assets struggling to gain momentum.
👀 Based on recent price action and historical momentum, if SOL closes a daily candle below the $226 level, there is a strong possibility it could decline by 10% to reach the $200 mark in the coming days.
👀 Current Price Momentum
At press time, SOL is trading near $222, having experienced a 6.55% price decline in the past 24 hours. During the same period, its trading volume surged by 101%, indicating heightened participation from traders and investors compared to the previous day.
