Solana (SOL) has experienced a 14% decline from its all-time high but remains bullish as investors ease up on profit-taking. Net inflows into Solana's spot markets suggest renewed investor interest, leading to a 9% price increase in the past 24 hours. Open Interest has also surged by 11%, indicating increased participation and conviction among traders. SOL's Relative Strength Index (RSI) is in an uptrend, suggesting strong buying momentum but not yet overbought. However, a surge in selloffs could lead to a price fall.
Content Editor ( beincrypto.com )
- 2025-01-22
Solana’s 14% Drop from All-Time High Fails to Break Bullish Momentum
