Solana (SOL) has experienced a recent decline in value but is showing signs of a potential rebound. The coin saw its first spot inflow in February, indicating renewed investor interest. Spot inflows are a positive sign, indicating increased purchasing activity in the spot market. This suggests a rise in demand for SOL and a willingness to acquire it at the current market price. The coin's positive Balance of Power (BoP) also indicates a resurgence in buying pressure. The preservation of a key support level is important for maintaining the coin's bullish momentum and upward trend. If the support level holds, it could attract further buying interest and push the price higher. However, a break below this level could indicate weakening momentum and a deeper pullback in price.



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