Solana’s Nosedive: Panic Sell-Off or Buying Opportunity?
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Solana (SOL) is bleeding out—down 20% this week as the crypto market wobbles. Traders are split: Is this a dip to buy or the start of a deeper collapse?
Key Levels to Watch: $150 is the make-or-break zone. A hold here could spark a rebound, but failure risks a freefall to $120. Meanwhile, Bitcoin’s stagnation isn’t helping.
Why It’s Happening: Network congestion fears + macro headwinds = perfect storm. SOL’s ‘Ethereum killer’ narrative is looking rusty as gas fees spike.
Pro Tip: The same hedge funds crying ‘crypto winter’ are quietly accumulating. Classic.
Solana price is at a crossroads as its value falls below $172 against the backdrop of surging whale activity and conflicting signals from top technical indicators. Read More
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