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Solana Price Dips 5% Today, But a $140 Rebound Could Wipe Out $70M

Summary by Coingape

Solana, the sixth biggest cryptocurrency in the market, has been continuously disappointing its holders with its price dips. Despite its potential to create ATHs like $294.33, the token trades at $130.70 amid crypto market downturns. Although there’s the possibility of trend reversal, there are significant risks, as SOL price’s recovery to $140 would wipe out $69.62M. Why? Let’s discuss this. Why Did Solana’s Price Drop 5% Today? Solana price ha…

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Coinfomania

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

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 i…

3 days ago

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Crypto News Land

SOL Nears $140 – Will a $69M Liquidation Wave Trigger Volatility?

The crypto price surpassing $140 may create $69M worth of short liquidations thereby fueling an upward price trend. An excessive 100X leverage raises trading volatility because of the 6.17M open positions. The crypto asset SOL encounters significant resistance at level $140 yet maintains essential support between $100 to $150 which minimizes potential liquidation events. The cryptocurrency Solana (SOL) just experienced price volatility which dro…

3 days ago

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Bitcoinsensus

Solana Price Prediction: More Drop Before a Rebound?

Solana is reacting to an H2 demand zone, but liquidity below could push it lower A deeper demand zone might offer a stronger bounce opportunity The market remains unpredictable—watch for a structural shift before making a move Solana has been playing mind games with traders lately. Yesterday, we highlighted a structural shift after a break of structure (BOS) and anticipated a move down from our marked supply zones. The price did drop after takin…

3 days ago

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