Solana Faces Critical Market Moment Amid Recent Volatility
- Solana rebounded 54% from its April 7 low of $95, reaching $146.
- The cryptocurrency lost over 65% of its value since January.
- A key resistance level is at $180, aligning with the 200-day moving average.
- A breakdown below $140 could lead to further declines below $100.
Solana’s recent recovery faces challenges as it trades at $146. Key levels include a resistance at $180 and support at $140, crucial for determining future trends amid macroeconomic uncertainties.
Source (2.6)https://www.newsbtc.com/news/solana/solana-will-face-a-pivotal-moment-in-may-bear-market-bounce-or-bull-market-dip/?rand=52377
