IS SOLANA (SOL) HEADING FOR A BIG BREAKOUT OR MORE DOWNTURN? 🚨📉


Solana $SOL is facing a tough battle below $200, down almost 13% in the last month. The price struggles to break key resistance levels despite previous momentum. Indicators like the Ichimoku Cloud and ADX show a bearish trend, but if SOL surpasses $209, it could rise to $219 or even $244. The blockchain’s ecosystem faces controversy with scams linked to meme coins like LIBRA, Pumpfun, and Meteora, leading to community concerns. While some see this as a phase, others demand better regulation and launch mechanisms to reduce scams and foster growth.


#Solana #Cryptocurrency #SOL #Blockchain #CryptoNews

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February 16, 2025 at 4:50 PM
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