Solana faces the rising pressure pressure, as it has been traded at its lowest level since September 2024 after the market corrected yesterday. The intense fear continues to control the market with Sol failure to find strong support, as the bears have maintained control since the cryptocurrency has reached its highest level in January. Since then, Solana has regained more than 55 %, leaving investors unarmed for his short -term horizons.
The broader encryption market is still under pressure, as Altcoins struggle to restore the bullish momentum. Analysts warn that the additional decreases may be on the horizon if Sol fails to keep main levels. The encryption expert, Ali Martinez, participated in the chain on the X, and revealed that the size of the Solana transport had decreased significantly. According to data, the Solana transfer volume decreased from $ 1.99 billion in November 2024 to only 14.57 million dollars. This important decline indicates a sharp decrease in network activity and attention, raising concerns about the current situation of the Solana ecosystem.
As the firm feelings dominate the market slowing and activity on the series, the coming days will be very important for Sol. If the bulls fail to defend the main support levels, Solana may see a negative aspect. However, strong recovery in size and prices can indicate renewed interest and reflection.
Solana is struggling with less than $ 150, as the bears maintain control
Solana faces great pressure for sale, struggling to break the mark of $ 150 as the bears dominate the price. The sales of the broader market has affected Seoul, as the coins that suffer from some of the most severe declines have seen. Solana, who has previously benefited from the Meme Coin LyCle course, is now witnessing a significant decline as speculation is fading.
The price procedure is still weak as Solana is trading less than the main demand levels that maintain its long -term bullish structure. The bulls have lost momentum, and failed to establish a strong recovery, while the bears continue to withdraw the entire market. If Sol fails to keep more than current demand levels, more negative side may expect in the short term.
Martinez data on the series It highlights an anxious trend of the Solana network activity. According to Glassnode, the Solana transfer volume decreased from $ 1.99 billion in November 2024 to only 14.57 million dollars. This dramatic decrease indicates a sharp decrease in the use of the network and trading activity, which reflects the cooling period of Mimi currency speculation.
The coming days will be crucial for Solana. If Sol can keep more than the main demand levels, the recovery phase may begin. However, continued weakness in size and basic work may lead to more declines, which makes it necessary for bulls to recover momentum soon.
Prices are struggling at $ 140 to sell pressure
Solana (SOL) is trading $ 141 after it was exposed to days of intense sales pressure, as it struggles more than most Altcoins in the current market shrinkage. The broader encryption market faced severe fluctuations, as many assets saw sharp declines. However, Solana is still one of the worst blows, and has failed to establish a strong support or momentum for potential apostasy.
If the bulls can defend the level of $ 140, there is an opportunity to recover short -term. The residence above the decisive demand area can provide this basis for payment above the main resistance levels. However, feelings are still weak, and any other negative side in bitcoin or the broader market can be sent to deeper corrections.
If Solana fails to maintain her current support, the next critical level of watching is $ 130, as buyers may try to intervene again. However, the continuous collapse under this mark would increase the risk of a decrease in low demand areas. The coming days will be very important to the Solana price procedures, as investors are waiting to see if the bulls can restore momentum or whether the bears will continue to increase the price down.
Distinctive image from Dall-E, the tradingView graph