The price of Solana (SOL) has dropped over 20% despite being announced as part of a strategic reserve, raising concerns about the bullish outlook. The price fell to a low of $140, erasing previous gains, and key support levels failed to hold. Technical indicators show mixed signals, with heightened volatility and downward pressure. The coming days will determine if this drop is temporary or a trend reversal. Strong resistance is seen at $183 and $165, while support is found around $150 and $155. Market sentiment is split, with retail traders remaining bullish and institutional investors showing a bearish outlook. This contrast in sentiment creates uncertainty for SOL's future price movement.



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