1/ ๐จ Price Struggles
Solana (SOL) faced a substantial decline over the past few sessions.
Sellers aimed to push SOL below $250.
2/ ๐ 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/ ๐ Bearish Sentiment
Bearish momentum continued through Wednesday with SOL falling by 0.97% and settling at $235.
Weak market conditions affecting price action.
4/ ๐ Strong Rally on Thursday
SOL surged almost 9%, breaking above $250 and closing at $256.
A relief rally amidst volatility.
5/ ๐ฅ 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/ ๐ Weekend Struggles
SOL couldnโt stay above $260, reaching a high of $264 on Saturday.
After a 0.78% drop, it settled at $254.
7/ ๐ป 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/ โ๏ธ 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/ ๐ Whatโs 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/ ๐ฎ Conclusion
SOLโs future largely depends on breaking past $260 or falling below $250.
Watch for these levels to gauge the next big move.
๐ก Stay tuned for more updates!
#SOL #Solana #Crypto #PriceAnalysis #SOLFutureRise
