Solana Price Analysis!!!
Solana's price is currently around 82-83 dollars. The market mood is very fearful, and the price is trying to stay above a crucial floor near 80 dollars. For a real recovery to begin, analysts say Solana needs to close above the resistance area between 88 and 92 dollars. If it cannot and breaks below 80 dollars instead, the price risks falling further.
There is some positive news for Solana's future. A report from a major international bank, Standard Chartered, shows that activity on the Solana network is changing. It is moving away from risky meme coin trading towards more stable and useful transactions, which is a healthy sign. Furthermore, new Solana ETF investment products have launched. These can attract steady money from big, long-term investors.
It is important to remember that Solana's price often moves with Bitcoin. When Bitcoin's price dumps, it usually causes panic selling across the entire crypto market, including Solana. This selling can get worse due to leveraged trading, where forced sales push prices down faster. For Solana to pump, it first needs Bitcoin to become stable and show strength, which would restore confidence for investors to return.
Entry zone 82-83
1st t.p 84
then 85
3rd t.p 87
4rth t.p 88
5th t.p 90
6th t.p 92
Thsnkyou
#sol #solana #SolanaStrong $SOL
