Solana (SOL) has experienced extreme volatility recently but is now attempting to recover lost ground. Investors are divided on whether Solana has bottomed or will see another pullback, but early signs suggest buyers are stepping in to defend key technical levels. To confirm recovery, Solana must break above resistance levels and sustain its move higher. The coming days will determine Solana's next major move. The price is currently at $240 and needs to reclaim key resistance levels at $240 and $260 to confirm a short-term trend reversal. If successful, Solana could retest its all-time highs and enter price discovery. Losing the $220 mark would indicate weakness and potential downside. The next few days will be crucial in determining Solana's direction.
Content Editor ( newsbtc.com )
- 2025-01-30
Solana Restested A Key Level And Now Faces Resistance – Breakout Next?
