Solana ($SOL) is currently facing strong resistance and key support levels, keeping the market outlook cautious. Despite high Open Interest by the number of coins, leverage activity remains subdued, reflecting market hesitation.


Technically, Solana is in a tight range between support and resistance, with price showing signs of potential stalling. If the support level breaks, further downside could be expected, with a possible test of lower levels.

The market remains uncertain due to macroeconomic factors and ongoing volatility. While range traders can play within this zone, a bearish bias persists in the short to medium term.


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April 01, 2025 at 2:35 PM
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