Solana price faced an intenseat $141.59 aka the 50% retracement level of the range extending from $66.19 to $216.98. This sell-off received an extra boost on April 4 as bulls failed to move above the range’s midpoint at $141.59.
However, if SOL fails to flip the $66.19 barrier and gets rejected, it will indicate a lack of buyer interest. In such a case, SOL could take a U-turn and retest the $44.19 foothold; a breakdown of this level will create a lower low and invalidate the bullish thesis.Information on these pages contains forward-looking statements that involve risks and uncertainties.
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