Price Action
Solana (SOL) faced intense selling pressure over the past 24 hours, dropping 8.1% from $154.48 to $141.75 before recovering to stabilize near $147.40.
The sell-off was largely driven by rising geopolitical tensions and global trade concerns, which spooked risk markets.
📖 Related Reading
- 📰 Bitcoin Slips Below $104K, Cryptos Slide as U.S.-China Tariff Tensions Flare Up
- 📰 Classover Taps $500M Convertible Note Deal to Boost Solana Treasury Strategy
The sharp drop included a mini-flash crash during the 01:20 hour, but strong buying quickly followed, highlighting continued interest in the asset even amid heightened volatility.
Technical structure now shows an ascending support trendline, while resistance at the $150–$152 zone marks a critical level to watch.
📖 Related Reading
- 📰 Bitcoin Slips Below $104K, Cryptos Slide as U.S.-China Tariff Tensions Flare Up
- 📰 Classover Taps $500M Convertible Note Deal to Boost Solana Treasury Strategy
Technical Analysis Highlights
- SOL declined from $154.48 to $141.75, marking a range of $12.73 or 8.24%.
- Massive volume spikes (3.14M and 3.37M) occurred between 19:00–20:00, breaking previous support.
- Price bounced sharply at $142, forming a high-volume support zone.
- Flash crash at 01:20 dropped SOL to $144.93 on 24,507 volume, but strong recovery followed.
- Short-term ascending trendline formed from $142 with resistance near $150–$152.
- Latest price action shows stabilization near $147.40 on declining volume.
📖 Related Reading
- 📰 Bitcoin Slips Below $104K, Cryptos Slide as U.S.-China Tariff Tensions Flare Up
- 📰 Classover Taps $500M Convertible Note Deal to Boost Solana Treasury Strategy
🔗 You Might Also Be Interested In
Bitcoin Slips Below $104K, Cryptos Slide as U.S.-China Tariff Tensions Flare Up
📖 Related Reading
- 📰 Bitcoin Slips Below $104K, Cryptos Slide as U.S.-China Tariff Tensions Flare Up
- 📰 Classover Taps $500M Convertible Note Deal to Boost Solana Treasury Strategy
Classover Taps $500M Convertible Note Deal to Boost Solana Treasury Strategy
AVAX Slides 7%, Hits Strong Resistance at $22.35 Level
💡 Stay updated with the latest cryptocurrency news and insights by following our website! 🔔 Bookmark this site to get first-hand blockchain and digital currency news!
🔗 You Might Also Be Interested In
Bitcoin Slips Below $104K, Cryptos Slide as U.S.-China Tariff Tensions Flare Up
Classover Taps $500M Convertible Note Deal to Boost Solana Treasury Strategy
AVAX Slides 7%, Hits Strong Resistance at $22.35 Level
💡 Stay updated with the latest cryptocurrency news and insights by following our website! 🔔 Bookmark this site to get first-hand blockchain and digital currency news!
🔗 You Might Also Be Interested In
Bitcoin Slips Below $104K, Cryptos Slide as U.S.-China Tariff Tensions Flare Up
Classover Taps $500M Convertible Note Deal to Boost Solana Treasury Strategy
AVAX Slides 7%, Hits Strong Resistance at $22.35 Level
💡 Stay updated with the latest cryptocurrency news and insights by following our website! 🔔 Bookmark this site to get first-hand blockchain and digital currency news!
🔗 You Might Also Be Interested In
Bitcoin Slips Below $104K, Cryptos Slide as U.S.-China Tariff Tensions Flare Up
Classover Taps $500M Convertible Note Deal to Boost Solana Treasury Strategy
AVAX Slides 7%, Hits Strong Resistance at $22.35 Level
💡 Stay updated with the latest cryptocurrency news and insights by following our website! 🔔 Bookmark this site to get first-hand blockchain and digital currency news!