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Solana (SOL) $200 Level Recovery Looks ‘Very Solid’, Is The Bleeding Over? Newsbtc il y a 1 semaine

Solana (SOL) $200 Level Recovery Looks ‘Very Solid’, Is The Bleeding Over? 📈

Solana (SOL) has managed a 7.5% recovery amid a struggling crypto market. The cryptocurrency had fallen to a three-week low of $175 following a market downturn driven by US tariff announcements. Analysts observed that breaking through the $200 mark is necessary to sustain recovery.

Despite a sharp fall, Solana exhibited resilience by bouncing off key support levels at $170-180, striving to retake $200. Analyst Jelle emphasized Solana’s solid market structure, supported by TD Sequential’s buy signal, suggesting potential upward momentum if the cryptocurrency remains above crucial supports.

With Solana trading at $211, analysts anticipate a possible retest of the $240 resistance, hopeful of further gains if conditions remain favorable.

Source : www.newsbtc.com ↗

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