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Solana Price Prediction: 23-Day Institutional Bid Meets $85 Break Test

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  • Solana consolidates at $85.83 within a symmetrical triangle as open interest drops 1.99% to $4.96 billion.
  • $1.03M in ETF inflows on March 3 extended an unprecedented 23-day streak of positive flows totaling $952.37M cumulative.
  • Volume surges 4.93% to $15.00 billion while price tests triangle apex, signaling imminent directional breakout.

Solana price today trades near $85.83, down 1.33% after testing the apex of a symmetrical triangle pattern that has guided price since mid-February. The move places buyers and sellers in equilibrium as consistent ETF inflows clash with technical compression.

Open Interest Drops 1.99% As Triangle Compresses

Solana Derivative Analysis (Source: Coinglass)

Open interest declined 1.99% to $4.96 billion while volume surged 4.93% to $15.00 billion. The combination shows active trading as price consolidates near the triangle apex, wi…

Read The Full Article Solana Price Prediction: 23-Day Institutional Bid Meets $85 Break Test On Coin Edition.

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