Solana's recent price action has been weak, with the altcoin falling below $200. Investors are becoming skeptical about its ability to sustain a recovery, leaving the coin in a precarious position. However, the Net Unrealized Profit/Loss (NUPL) metric shows that many investors are still holding onto profits, which historically leads to stagnation. The reduced volatility has kept Solana from significant declines and substantial rallies. The Chaikin Money Flow (CMF) indicator suggests an uptick in inflows, indicating a positive sign for Solana's recovery potential. Despite a decline in price, Solana managed to hold above the critical support level of $186. Recovery is possible if Solana can breach the $201 resistance level, but a rally to its all-time high would require stronger bullish momentum and improved market conditions. If bearish market cues persist, Solana risks slipping below the $186 support, leading to further declines and intensifying investor concerns.



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