#
🚨 #Solana (SOL) plummets more than 20% on Binance, dropping from $200 to nearly $160📉.
Why?
💹 Global macroeconomic uncertainty
💰 Massive unlocking of +11M tokens due to FTX succession
⚠️ Technical issues and congestion on the network
🐋 Large "whales" selling to secure profits
🚨 Scandals involving dubious tokens in the ecosystem
Key levels to watch:
🔻 Supports: $150-$155 / possible drops to $140 or $125
🔺 Resistances: $175-$180
Opportunity? Many experts believe in great long-term potential if Solana overcomes its failures and regains trust. A tremendous drop with risk, but also with reward for patient investors 🚀💎
