SOL Update: From $102 to $95 - What's Next?
Two days ago, Solana (SOL) was trading around $102 - $103 with bullish momentum.
Today, SOL is trading around $95.5 - $96.0. The drop of about 6-7% in last 48 hours came after the overall market selloff linked to Binance security incident news. SOL touched a low near $93.62 and is now trying to stabilize near the $96 support.
What is the chance ahead?
If SOL holds above $95, the next bounce target is $99 - $102. If it breaks below $93, the next support is around $90. The trend is still in a short-term fear zone, so a quick recovery needs strong volume.
The Alpenglow upgrade is live and long-term fundamentals are still strong.
Do you think SOL will reclaim $100 this weekend?
#Solana #SOL #Crypto News
Solana#sol#crypto
Two days ago, Solana (SOL) was trading around $102 - $103 with bullish momentum.
Today, SOL is trading around $95.5 - $96.0. The drop of about 6-7% in last 48 hours came after the overall market selloff linked to Binance security incident news. SOL touched a low near $93.62 and is now trying to stabilize near the $96 support.
What is the chance ahead?
If SOL holds above $95, the next bounce target is $99 - $102. If it breaks below $93, the next support is around $90. The trend is still in a short-term fear zone, so a quick recovery needs strong volume.
The Alpenglow upgrade is live and long-term fundamentals are still strong.
Do you think SOL will reclaim $100 this weekend?
#Solana #SOL #Crypto News
Solana#sol#crypto