🤯 SOL Bulls Fight Back! Will Solana Hold $160?
The Solana ($SOL) comeback is giving crypto traders whiplash! After a steep correction that took the price for a wild ride, we're seeing a critical attempt to reclaim key psychological support at $160.
On the technical front, the short-term momentum (MA7) is trying to push above the recent price drop, signaling buying interest is picking up. However, the true test is the long-term trend (MA99 at $182.74)—we need a decisive move above that to truly call the correction over.
Right now, it looks less like a smooth recovery and more like a tug-of-war between aggressive sellers and determined dip-buyers. Is this a healthy reset before the next leg up, potentially targeting that rumored $400 or even $500 mark for 2025, or just a pit stop on the way down to test lower support at $130 or $115?
Keep your eyes glued to the charts. The next 48 hours could be huge for Solana's short-term fate!
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