Solana tumbled and declined toward $110. SOL price is now correcting losses above $140 and facing hurdles near the $160 resistance zone.
SOL price gained bearish momentum and declined below $150 against the US Dollar.
The price is now trading below $160 and the 100 simple moving average (4 hours).
There is a key bearish trend line forming with resistance at $160 on the 4-hour chart of the SOL/USD pair (data source from Kraken).
The pair could continue to recover if it clears the $150 and $160 resistance levels.
Solana Price Starts Recovery
Solana price started a major decline below the $180 and $160 support levels. SOL declined over 20% and even tumbled below the $150 level. Finally, the bulls appeared near $110.
A low was formed at $115.04 and the price is now attempting a recovery wave like Bitcoin and Ethereum. There was a decent increase above the $125 and $132 levels. The price cleared the 23.6% Fib retracement level of the downward move from the $204 swing high to th
We współpracy z: https://www.newsbtc.com/analysis/sol-price-dump-and-pump-150/
