#Solana
Solana suffers from high level insecurities in the markets. Some traders are pulling back taking wins while others hope for a turnaround.
Last week more than 132 Mio USD were sent to crypto exchanges, showing pullbacks and unhally traders.
This pullback hasnt created a crash, only light losses but was visible anyway. T STH NUPL (Halter Net Unrealized Profit/Loss) shows a capitation zone as traders resign and sell with losses.
Dont despair!
In Solana‘s former cyclusses, it was followed by turnarounds, as the market situation relaxes and traders trust in Solana and start accumulating.
🎯SOL stays around 180 USD, support at 200 failing and aiming at the next support around 175USD.
🎯Reaching 200 will give hope back and motivate buyers.