Solana (SOL) is currently navigating a critical phase as it consolidates within a symmetrical triangle, a pattern that suggests potential volatility with a possible 40% price move. Since January 6, Solana has shed over 20% of its value amid broader market bearish trends.
The $214 breakout or $183 breakdown levels identified by analyst Ali Martinez could define Solana's immediate future, as it grapples with maintaining key support around $175 to $177.
Despite bearish sentiment, Solana's strong fundamentals offer a chance for recovery, but everything hinges on how it handles the current market pressure.
Sumber: www.newsbtc.com ↗