Solana Price Analysis: The Challenge of Reclaiming $155
Monday, 12 August 2024, 15:00
Solana Price Dynamics
Traders will have to be wary of a similar scenario playing out.
Current Market Trends
- The lack of demand is evident.
- Bearish momentum persists in the market.
- SOL may move below $140.
- Potential target could be $130 or even lower.
In conclusion, the ongoing pressure in the market suggests careful monitoring of SOL. With the failure to reclaim $155, a shift towards $130 seems plausible.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.