#PowellRemarks

The price of Solana has decreased by 14% with increasing bearish signals across charts and futures data.

The native token of Solana, SOL, dropped by 14% in one week. On Monday, it reached a resistance level of $158. By Wednesday, it had fallen to $143. This drop has raised concerns among traders who now doubt SOL's ability to retest the $200 level soon. At the same time, interest in leveraged positions has increased, indicating a rise in speculative activity during [...]

The post about the decrease in the price of Solana by 14% with increasing bearish signals across charts and futures data was first published on Coinchapter.