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Solana Eyes Recovery After 45% Drop, Targets $190-$210

Summary by Crypto News Land

Solana eyes recovery after a 45% drop, with targets set between $190-$210 amid cautious market sentiment. SOL finds support at $150, forming a curved bottom pattern that signals potential upside toward key resistance levels. A break above $190 could confirm short-term bullish strength, while failure to breach $200 may trigger another retracement. XO shared insights on Solana's price action, highlighting a potential mean reversion play. The trade…

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Crypto News Land

Solana Eyes Recovery After 45% Drop, Targets $190-$210

15 hours ago

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GlobalNewsIt

Solana Price Shows Recovery Signs as Bearish Pressure Eases – #CryptoUpdatesGNIT

Solana (SOL) Total Value Locked (TVL) recently hit $9.90 billion, the lowest level since November 2024, before recovering slightly to $10.3 billion. Despite this bounce, SOL’s TVL remains down nearly 30% from January 18, reflecting ongoing concerns about its ecosystem. SOL’s price is also under pressure, down more than 8% in the last seven days and over 31% in the past 30 days. Technical indicators are showing signs of recovery, but bearish tren…

1 day ago

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