Solana decreases to less than $ 100 for the first time a year – is it 80 % correction?
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Solana is now trading without a $ 100 sign after sweeping intense sale pressure in the encryption market during the weekend. On Sunday, Sol’s decrease pushed its lowest price in more than a year, indicating a sharp shift in feelings with fear that holds the market. Since the beginning of March, Solana has lost more than 45 % of its value, and the momentum indicates that the declining trend may not end yet.
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The collapse raised anxiety between investors and analysts alike, with a great warning that Sol can go to the lowest deeper levels if the current support fails to keep it. Senior analysts Jason Petzo participated in a technical analysis indicating that this is the first time in more than 12 months that Solana is being traded below $ 100 – a historic significance threshold. According to Pizzzino, the following main goals sit at levels that may represent a total decrease of 80 % of the highest levels of the last Solana.
Such movements, although they are very slope, are not common during heavy altcoin corrections. With total uncertainty and the vast market and the market, the Solana path is probably dependent on whether the bulls can restore the main levels-or if there is still more negative aspects.
Solana faces a decisive collapse while analysts monitor a deeper correction
Solana is now undergoing a decisive test where the price is traded less than $ 100 for the first time in more than a year. Bulls are under pressure to quickly restore the main levels in order to prevent more from the negative side. However, the broader economic landscape draws a bleak picture. Global markets are still shaking by escalating trade war tensions and uncertainty in the policy resulting from the United States and China, while tightening financial conditions in all fields. For high -risk assets such as Solana, the background indicates that the decline may still have room for continuity.
Betzo has Participate in the artistic expectations This supports this view. The importance of Solana’s repeated hibernation signs is highlighted using “3 bar”. The first warning appeared in November 2024, followed by another in January 2025.
Now, with Sol trading with less than $ 100, Pizzzino believes that the following goals fall at $ 80 and possibly $ 60-a level that represents 80 % correction of its highest levels in Solana. Although this may seem extreme, such declines are not unusual in the main altcoin cycles, especially when it is driven by panic in the wider market.
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For Solana, the path stops forward whether bulls can soon restore momentum. Payment above the area ranging from $ 110 to $ 120 may convert morale and delay deep losses. Until then, the market remains on the edge of the abyss.
Solana Bols is fighting to avoid more losses
Solana is currently trading at $ 100 after a short period of time to $ 95 – the price level that has not been seen since February 2024. The sharp correction highlights the intense pressure pressure that has acquired the market in recent weeks. With fear and uncertainty in controlling feelings, Seoul remains vulnerable to deeper losses if the bulls fail to intervene.
The level of $ 100 is now the psychological and technical battlefield. While the bulls try to defend this, the context of the broader market – which is formed by the global instability of the macroeconomic economy and the weak investor’s confidence – indicates that the recovery may face great resistance. In order for Solana to regain momentum and refer to a possible reflection of the direction, the area of $ 120 must recover, which served as a major support level.
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However, the sale pressure remains strong, and if Sol fails to keep $ 100, the transition to low demand areas becomes increasingly possible. Analysts point to the level of $ 80 as the next critical field as buyers may look to intervention. Until then, the price procedure remains fragile, and the downward trend may extend if the wider market conditions fail to improve. Currently, all eyes are on whether $ 100 can carry – or break.
Distinctive image from Dall-E, the tradingView graph
