Solana (SOL) Teeters on the Brink—Key Support Level Collapses, Traders Brace for Impact
Solana’s price floor just vanished like a DeFi yield farm in a bear market. The $SOL chart flashes red after breaching a critical support level that held firm for months—now traders are scrambling to hedge against a potential freefall.
Technical indicators scream oversold, but as any crypto veteran knows: ’Support becomes resistance’ faster than a Wall Street banker switches allegiance. The next 48 hours could determine whether this is a healthy correction or the start of something uglier.
Meanwhile, Bitcoin maximalists are already smugly tweeting ’I told you so’—because nothing unites crypto tribes like schadenfreude.