Markets· ★★★· bearish·

Solana (SOL) Pulls Back From $125, $100-$105 Support in Focus

  • —SOL trades at $118.17, down 2.99% in 24 hours
  • —Trendline break turned $120-$121 into resistance
  • —Solana stablecoin supply hit a record $17 billion, up over 5% in a week
  • —Solana ETFs bought 2.32 million SOL worth about $278 million in two weeks
Why it matters: Holding $115-$118 keeps a base for a move to $150, while a break below $100 opens the door to $90-$80.
Source: CoinCentral