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Solana Price Prediction: Sellers Maintain Control As Major Support Breaks

1d ago
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  • Solana price today trades near $154 after losing the critical $170 support level, confirming sellers remain in control.
  • Negative netflows and falling open interest show traders reducing exposure rather than accumulating on the dip.
  • If SOL fails to reclaim $170, downside targets shift to the $145–$150 liquidity pocket.

Solana (CRYPTO: SOL)  price today trades near $154 after losing the critical $170 support zone. The breakdown confirms sellers remain in control while spot outflows and softening open interest reinforce bearish momentum.

Sellers Maintain Control As Major Support Breaks

SOL Price Dynamics (Source: TradingView)

The daily chart shows Solana failing to reclaim the 20 day, 50 day, and 100 day EMAs. All three are stacked downward and reinforcing the descending trendline from the October peak. The EMA cluster around $185 to $192 now acts as a heavy o…

Read The Full Article Solana Price Prediction: Sellers Maintain Control As Major Support Breaks On Coin Edition.

1d ago
bullish:

0

bearish:

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