Solana's 70% Drop: 95 Dollar Resistance and Potential Targets
— Coin Türk
Following a 70% drop, $95 has emerged as a critical resistance level for Solana.
Solana has experienced a 70% decline, dropping from $295 to $82, with the $95 level now identified as critical resistance.
- Solana's price has fallen from $295 to $82, marking a 70% loss; investors are now watching the resistance at $95.
- Technical indicators suggest weak momentum and a bearish market environment; weekly closes above $95 are necessary for a significant move.
- If $SOL loses the support at $78-$83, the possibility of a drop to $60 may arise.
The decline in Solana's price and the resistance at $95 could influence potential price movements based on market dynamics and technical indicators.