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Solana witnessed severe fluctuations on Sunday and Monday, as the market’s reaction to fears of an American trade war was. Understanding the entire encryption space sent a sharp sale, as Sol fell more than 25 % of its highest levels on Saturday. However, the feelings quickly turned after reports that President Trump was in negotiations with Mexico and Canada to raise tariffs, which rapidly sparked a recovery in the market.
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Since then, Solana has wore approximately 25 % of its lowest point, and to restore the keys that indicate control of bulls. Supreme analyst Jelle participated in a technical analysis of X, and revealed that this was probably a failed collapse for Sol. If the price exceeds the main demand areas, it is expected that there will be another boost towards higher levels.
With fluctuations at maximum levels, Solana merchants are still cautious, but the structure still seems promising to continue ascending. The coming days will be very important in determining whether Sol can maintain his recovery and storm to the highest levels ever. A confirmed contract above $ 205 will enhance the issue for more upward trend, while losing this level may lead to the bottom of another leg. The battle between bulls and bears continues, but for the time being, Solana’s flexibility proves to be strong.
Solana bears strong amid market fluctuations
Solana has seen one of the most aggressive daily prices in recent years, as she has sent shock waves across the market. After reaching the highest level ever in late January, Seoul fell more than 40 % in less than two weeks. This rapid decrease raised fear among investors, as many expect more losses in the coming weeks. The uncertainty surrounding the factors of macroeconomic economics, including the American trade war tensions, did not feed this feeling only.
However, not all analysts are convinced that the worst in the future. The best generation analyst Participate in an analysis on XAnd he revealed that Solana’s work is similar to a failed collapse instead of turning the real landmark. Jelle states that if Sol holds higher than the $ 205 sign in the coming days, the market will be set to pay another towards the altitudes. This level has proven that it is a decisive support area, and strong defense by the bulls can refer to a renewed direction.
Solana was one of the most important assets that operated since 2023, and its ability to recover from the deep decline has strengthened its position as a pioneer in the market. The Blockchain ecological system continues to expand, and high -cost high -cost transactions make it an attractive choice for developers and investors.
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In addition, the MEME and Solana -based NFT projects have fueled a strong demand, as they contributed to making their prices that exceed most of the other altcoins. If Sol recovers $ 220 and reinforces over it, it will be another leg towards the highest level on the table. However, a break less than $ 205 can indicate deeper uniformity or even a $ 180 correction towards the support zone.
Price procedure details: The main demand to keep it
Solana (SOL) is trading at $ 208 after failing to restore an average of 200 moving hours about $ 221. This level was a major resistance, preventing Sol from restoring the bullish momentum in the short term. If the bulls want to restore control, they must pay the price above this level and maintain it as support to confirm the reflection of the direction.
Currently, Sol is still in a narrow range, with a brand of $ 200 as a basic request area. If this level continues, a potential recovery may lead to the price of the resistance to $ 221, as the penetration indicates a continuation towards higher levels. However, if Sol is struggling to keep $ 200 as support, sales pressure may increase, which leads to a decrease towards the level of $ 190.
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Market morale is still mixed, as investors closely monitor the main levels to determine the next step. The wider market and Bitcoin performance will play an important role in the direction of Sol in the short term. The strong bounce of $ 200 would provide confidence to the bulls, while the collapse can indicate a negative side. The coming days will be very important for Solana because it is one of the battles to restore the lost land and avoid deeper corrections.
Distinctive image from Dall-E, the tradingView graph
