1/ 🚨 Price Struggles

  • Solana (SOL) faced a substantial decline over the past few sessions.

  • Sellers aimed to push SOL below $250.

2/ šŸ“ˆ 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/ šŸ’” Bearish Sentiment

  • Bearish momentum continued through Wednesday with SOL falling by 0.97% and settling at $235.

  • Weak market conditions affecting price action.

4/ 🌟 Strong Rally on Thursday

  • SOL surged almost 9%, breaking above $250 and closing at $256.

  • A relief rally amidst volatility.

5/ šŸ’„ 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/ šŸ  Weekend Struggles

  • SOL couldn’t stay above $260, reaching a high of $264 on Saturday.

  • After a 0.78% drop, it settled at $254.

7/ šŸ”» 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/ āš–ļø 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/ šŸš€ What’s 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/ šŸ”® Conclusion

  • SOL’s future largely depends on breaking past $260 or falling below $250.

  • Watch for these levels to gauge the next big move.

šŸ’” Stay tuned for more updates!
#SOL #Solana #Crypto #PriceAnalysis #SOLFutureRise