‼️Solana Struggles Below $200 Amid Bearish Pressure‼️

Solana's price has fallen below $200, holding at $194 with critical support at $186. A breach of this level could lead to a drop to $175, intensifying bearish sentiment.

Investors Remain Cautious

The Net Unrealized Profit/Loss (NUPL) metric shows most investors remain in profit, reducing the risk of sharp sell-offs but also limiting upward momentum. This suggests a market waiting for clearer recovery signals.

Positive Inflows Signal Recovery Potential

The Chaikin Money Flow (CMF) indicator shows increasing inflows into Solana, suggesting potential for recovery if market conditions improve. However, sustained momentum requires stronger inflows and favorable market shifts.

Outlook

Solana must reclaim $201 as support to target recovery. Failure to hold above $186 risks a further decline to $175 or lower. While cautious optimism exists, broader bearish trends remain a challenge.

Disclaimer: This article is for informational purposes only and not financial advice. Conduct your own research before making investment decisions.

#MicroStrategyAcquiresBTC #AIMarketCapDip #SolanaStrong #solanAnalysis $SOL