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Solana Social Sentiment Hits 18:1 – Can SOL Reclaim $140 or Drop to $125?

3d ago
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Solana (SOL) is seeing a wave of hope, as Solana social sentiment is at an all-time high 18:1 negative-to-positive comment ratio. Bullish hopes have been driven by institutional interest and BlackRock’s tokenized treasury fund launch on Solana. SOL has experienced a higher volume of trade and is now at $140, pointing to expanding market engagement. Whether Solana can keep its pace and surpass crucial resistance levels or a retrenchment is near is now the most important issue. SOL’s next move is something that investors are nervously awaiting.

The Solana Social Sentiment and Institutional Interest

As the Solana social sentiment increased, it mirrored rising investor and trader confidence. An 18:1 positive-to-negative comment ratio shown in the data shows strong optimism about the future price activity of SOL. Significant institutional participation, especially BlackRock’s launch of a yield-bearing tokenized treasury fund on the Solana blockchain, has driven this bullish view. At around $140, Sol is now trading and has a tiny 0.75 percent fall over the last 24 hours. But a 5% spike in volume of trade indicates more market activity. 

If positive feelings prevail, SOL might move towards $151 in the near term, with a possible extension to $186 if momentum sustains. On the downside, bulls really need to keep support at $132. If SOL falls below this level, it would mean revisiting lower support ranges. Solana blockchain’s price path could be significantly altered in the next few days, given increased institutional interest and record-high public sentiment. Traders are eagerly waiting for verification of the following breakout. Let’s take a look at the SOL price prediction to see where SOL might be heading in the short term.

SOL Price Prediction of March 28, 2025

Trading presently at $132.96, Solana (SOL) has fallen below the critical support level of $136. Although the price tried several rebounds, it finally fell short of recovering resistance at $140, causing a big sell-off. The RSI of 36.14 suggests that SOL has been driven to oversold levels by this bearish breakdown. Negative momentum validates continuous selling pressure; therefore, the MACD is still bearish. Following a strong rejection at resistance, SOL’s recent fall set off a collapse that present traders are now monitoring the $132 support zone. 

Chart 1: Analysed by vallijat007, published on TradingView, March 28, 2025

Failure at this level means the next big support line is $128 and even more downward risk toward $125. With possible upside targets at $138 and $140, a recovery above $135 could let SOL get back to bullish motion. Notwithstanding, not recovering lost ground might cause protracted negative movement. Whether SOL can stabilise or carry on its downward path will depend significantly on trends in volume and market sentiment.

Future Outlook: Can Solana Sustain Its Bullish Momentum?

The Solana social sentiment is severely tested as it changes below $132.96 after key support has toppled. Strong institutional support and Solana social sentiment could drive SOL towards $140 and $151, with a breakout maybe aiming for $186. Nonetheless, inability to hold above $132 could result in additional drops toward $128 or $125. Whether Solana blockchain maintains its rally or experiences a more severe correction in the next few days will depend on market sentiment, trade volume, and ecosystem developments.

The post Solana Social Sentiment Hits 18:1 – Can SOL Reclaim $140 or Drop to $125? appeared first on Coinfomania.

3d ago
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