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⚠️ "Solana collapses to 127$ on June 23, 2025.. Is it time for a golden entry?"
#Solana #Technical_Analysis #Solana #Crypto_Market #Buying_Opportunity #BinanceFeed
📅 Date: June 23, 2025
💰 Current price: $127.00
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🔍 Technical Analysis:
🔻 Solana has lost about 18% over the week, dropping from 155$ to $127, due to widespread selling pressure in the market.
✅ Strong Supports:
120$ is a pivotal support, followed by $110
Breaking 105$ could lead the coin into a deeper decline
⚠️ Current Resistances:
135$ and 142$ should be monitored for testing the return to an uptrend
📉 Current Trend:
A short-term downward channel, but the overall trend remains bullish as long as it stays above $100
📊 Indicators (RSI - MACD):
Indicate a state of "selling pressure", which may suggest an impending technical rebound
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💡 Recommendation:
✅ Gradual buying from levels 120$ – $110
❌ Avoid entering with full liquidity
🔁 Watch for BTC movement above 60k to confirm market recovery
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📌 Note: The currency market is in a comprehensive correction, and the smart investor acts with logic, not emotion.
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