🚨 #Solana Struggles Below $210—Can It Recover? 🚨


$SOL has failed to break the $270 resistance for three months and is now trading under $210, risking further declines. Weak market momentum and a drop in new investor participation signal growing bearish pressure.


📉 Key Concerns:

🔻 Fewer new addresses suggest declining interest.

🔻 Chaikin Money Flow (CMF) shows outflows increasing.

🔻 Critical $201 support must hold to avoid a drop to $183.


📈 Possible Recovery?

If SOL holds above $201, it could target $221 for a rebound. A break below this level, however, may deepen losses.


Will SOL regain momentum, or is more downside ahead? 🚀⬇️ #Altcoin Season#

image
image
image
image
February 05, 2025 at 10:22 AM
40
756
11
9
9
7
3
3