🔻 #Solana Struggles Below 300$ Amid Bearish Trends


Solana $SOL remains subdued, failing to reclaim the 300$ mark as sellers dominate.


📉 Bearish Indicators

*/ Balance of Power (BoP): Negative at -0.54, signaling strong selling pressure.

*/ Chaikin Money Flow (CMF): At -0.05, reflecting liquidity outflow and distribution.


🚨 Key Levels

*/ SOL recently broke below $225.74.

*/ Next support: $203.63. Resistance at $264.66 and 300$ if momentum shifts bullish.


Traders should watch for a potential breakout or further decline as bearish momentum persists.

#Altcoin Season# #Altcoins

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December 13, 2024 at 9:52 AM
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