Selling pressure limits Solana’s growth: Solana has faced significant challenges at the $300 price point, primarily driven by persistent seller dominance. The Balance of Power (BoP) at -0.54 and a Chaikin Money FLOW (CMF) of -0.05 reflect negative market sentiment.
Critical support levels threaten to dip further: If SOL falls below the psychological support at 225.74 USD, it risks declining to 203.63 USD. Without a shift in buyer strength, further bearish corrections may ensue, indicating a dire outlook for Solana.
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