Solana (SOL) Faces Potential Sideways Trading Amid Bearish Pressure and Low Volume
The post Solana (SOL) Faces Potential Sideways Trading Amid Bearish Pressure and Low Volume appeared on BitcoinEthereumNews.com. Solana (SOL) experiences a notable decline amid bearish market pressures, signaling cautious sentiment among traders and investors. The cryptocurrency faces a false breakout below key support levels, with diminishing trading volumes indicating a lack of decisive buyer momentum. According to CoinMarketCap, bears remain persistent, and technical analysis suggests potential sideways movement within a defined price range in the near term. Solana’s price dips 3.06% amid weak volume and false breakout, with sideways trading likely as bears maintain pressure on SOL/USD. ‘, ‘
The post Solana (SOL) Faces Potential Sideways Trading Amid Bearish Pressure and Low Volume appeared on BitcoinEthereumNews.com.
Solana (SOL) experiences a notable decline amid bearish market pressures, signaling cautious sentiment among traders and investors. The cryptocurrency faces a false breakout below key support levels, with diminishing trading volumes indicating a lack of decisive buyer momentum. According to CoinMarketCap, bears remain persistent, and technical analysis suggests potential sideways movement within a defined price range in the near term. Solana’s price dips 3.06% amid weak volume and false breakout, with sideways trading likely as bears maintain pressure on SOL/USD. ‘, ‘
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