Solana (SOL): A timely decision on direction is imminent!
In this article you will learn:
- Why the Solana price is showing first signs of stabilization after the recent sell-off
- Which chart marks must be recaptured for a sustained bullish countermovement
- Why Solana treasury companies could provide further tailwind for the price
The high-speed blockchain Solana (SOL) is succumbing to selling pressure in the crypto market, sliding seven percent week-on-week to currently $220. Since reaching a high of $253 in the last trading week, the SOL price has lost around 13 percent of its value. This price analysis reveals which price targets can be expected if a bottom is formed soon, and which bearish targets will come into investor focus if the correction extends.
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