Will #Solana Drop Below $100? Bearish Sentiment Growing! 🤔

As Solana continues to face increasing sell pressure, many investors are wondering: Could $SOL drop below $100? Let’s take a closer look at the current market dynamics and the bearish sentiment building around it. Here's what the charts and recent market data are telling us:

Current Situation:

✅ Decreasing Network Activity: Solana has seen a 50% drop in network activity, leading to concerns about long-term growth and trader confidence.

✅ Market Performance: Despite a solid market cap, Solana is facing heavy volatility, and there's an increasing risk of price dropping below $100 if it fails to regain momentum.

✅ Technical Indicators: Bearish signals suggest $100 could become the next key support level if the current trend persists.

Solana’s current chart signals that a drop below $100 is a real possibility if market conditions don’t improve. Stay cautious and monitor the market closely.

What do you think? Will Solana drop below $100 or bounce back? 👇 #sol