After an 8% surge, Solana has regained support at 201 USD, but with resistance at 221 USD, exceeding this could lead to a rise to 245 USD. The loss of 500,000 new investors highlights the need for stable pricing to re-engage participants.
The MVRV Ratio indicates potential profit-taking, and a fall below 201 USD may trigger a drop to 183 USD. Sustaining market support is essential for a continued recovery and maintaining long-term investor confidence.
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