Solana (SOL) is facing significant selling pressure following a 35% correction from its recent local highs. This comes after weeks of massive volatility and corrections. Currently, SOL is trading above a crucial support level, which is a monthly liquidity zone.
This zone could be pivotal for SOL's future price action. If the support level holds strong, it has the potential to propel SOL toward a new all-time high.
Source: bitcoinist.com ↗