SOL
What if I told you that Solana could drop to $25? 👀
Hear me out.
#SOL is currently at an important support zone between $70 and $80, where buyers are expected to step in.
But here’s the danger: $70 is a level SOL cannot afford to lose.
A daily or weekly close below $70 could trigger strong selling pressure, giving bears a chance to push SOL down to $40 or even $25.
Remember: the last time #Solana dropped below $70, in May 2022, it eventually fell to $8.
This time, I don’t expect a drop to $8, but a break below $70 could have very unpleasant consequences.
Bulls need to defend $70, or $25 could become a very realistic target. 🐻
SOLUSDT
Perp
75.27
-4.2%
What if I told you that Solana could drop to $25? 👀
Hear me out.
#SOL is currently at an important support zone between $70 and $80, where buyers are expected to step in.
But here’s the danger: $70 is a level SOL cannot afford to lose.
A daily or weekly close below $70 could trigger strong selling pressure, giving bears a chance to push SOL down to $40 or even $25.
Remember: the last time #Solana dropped below $70, in May 2022, it eventually fell to $8.
This time, I don’t expect a drop to $8, but a break below $70 could have very unpleasant consequences.
Bulls need to defend $70, or $25 could become a very realistic target. 🐻
SOLUSDT
Perp
75.27
-4.2%
