🚀 **Solana's Rollercoaster Ride: Will It Hold or Dive?** 🚀
Solana (SOL) is dancing on the edge at $165, flirting with a potential 25% drop to $122. After the FOMC meeting, Bitcoin's 3% dip dragged SOL down to $166, showing a 0.67 correlation index between the two.
💡 **Key Points:**
- SOL's market drop led to $400M in leveraged positions closing.
- The memecoin tool Pump.fun is causing a stir with bot trading concerns.
- Solana's double bottom pattern hints at a possible bounce to $320.
What do you think? Is SOL set for a comeback or a nosedive? Drop your thoughts below! 💬👇