Solana: Slight Drop on the Horizon?
Solana Mirrors Bitcoin’s Movement
Solana is currently trying to stabilize around the $194 level, though this support line appears weak. Fibonacci retracement indicates the potential for a further drop to 38% or $191.
Fundamentally, Solana remains a strong asset with significant potential . However, its short-term performance is influenced by market buzz, particularly speculation surrounding Trump’s and Elon’s next moves.
At this stage, there are no possible options for entering deals, so we remain observing the situation.
Solana is currently trying to stabilize around the $194 level, though this support line appears weak. Fibonacci retracement indicates the potential for a further drop to 38% or $191.
Fundamentally, Solana remains a strong asset with significant potential . However, its short-term performance is influenced by market buzz, particularly speculation surrounding Trump’s and Elon’s next moves.
At this stage, there are no possible options for entering deals, so we remain observing the situation.
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