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Solana [SOL] Slumps to $21 but Can the Bulls Mount a Comeback

Solana saw high volatility on the price charts around 14 March but has been more subdued over the past few days. It has formed a lower timeframe range. Bitcoin’s inability to drive past the $28k mark meant sentiment could be beginning to shift bearish once again in the near term.

The structure of both BTC and SOL remained strongly bullish, and lower timeframe traders can small move upward over the next 24 hours. A BTC move above $28.8k or below $26.6k could decide the direction of the next move.

(By Akashnath S)

Solana Solana $242.39
-1.84%
Solana
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