Solana Price Prediction: Traders Eye Key Breakout as Market Stabilizes
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- Solana stabilizes near $170 as traders defend support amid cautious market tone
- Rising open interest above $8B signals growing trader participation in Solana
- Renewed inflows above $30M hint at institutional accumulation and market recovery
Solana (SOL) is showing signs of consolidation after a sharp decline earlier this week. The token has been trading in a narrow range as buyers attempt to defend recent lows. While momentum has improved slightly, the broader structure still points to a neutral-to-bearish bias unless price action clears key resistance zones. This cautious setup reflects a market in transition, with both traders and institutions reassessing exposure amid shifting inflows and open interest data.
Consolidation Defines the Current Structure
After forming a local base near $170, Solana’s price has started to stabilize. The $186–$187 region has ac…
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