Solana's recent price action has been a mixed bag, with a bullish recovery above the $143 support level. However, momentum has cooled, and a visible imbalance zone between $142–$135 may see Solana dip before bouncing back. The host expects increased market hesitation due to Bitcoin's resistance and today's GDP data release.
Despite short-term uncertainty, the medium-term projection is bullish, with resistance targets at $151 and $157–$158. A recovery path may involve Solana revisiting the $135–$138 range and holding before pushing towards upper resistance zones. Fundamentally, Solana's consistent development and strong metrics support a long-term bullish bias.
WalletConnect's WCT token is set to surge as users test their knowledge and complete @binance Square tasks for a share of $500,000. With growing adoption and ecosystem expansion, WCT's value proposition strengthens. Don't miss this opportunity to claim your share and ride the WCT wave!