Solana ($SOL
): Will Price Recover or Drop Further?
Solana is facing selling pressure and currently testing the important $90–$93 support zone. Recently, SOL was rejected near $95.95 and dropped to around $90.87.
📊 Important SOL Levels:
Support: $90–$93
Next Support: $87–$88
Resistance: $94–$96
Possible downside: $86 or lower
Some analysts see $87–$90 as a possible accumulation zone, while others are watching short opportunities near $92.50–$95.
🌍 Crypto Market Updates:
Mercado Bitcoin suspended withdrawals after suspicious activity involving over $40M. Binance has restored withdrawals across 15 major networks. Meanwhile, a fake SKR Claim app on Solana's dApp Store attempted to steal users' seed phrases.
⚠️ Never share your seed phrase with anyone.
My View: SOL is still under pressure. If it holds $90, recovery is possible, but a breakdown could bring more downside. Stay patient and manage risk.
"Like ❤️ and Follow for more crypto updates!"
#Solana #SOL #CryptoMarket #BinanceSquare