The power of sellers is still high!

SOL, which was accompanied by very high selling pressure in the past weeks, has stopped this week on the support of the $11.85 to $14.40 range, but the strength of sellers is still high, and if more selling pressure is formed in the market, the possibility of breaking this support and falling There is a heavier for Solana currency. In this case, the next support for Solana is considered in the 4 to 4.40 dollars range.

Considering that the candle closed last week at a great distance from the previous bottom and dropped 59%, price targets below $10 for Solana cannot be far from the mind. All the conditions of this currency depend on the short-term trend of Bitcoin and maintaining the support of the $15,000 channel. If Solana's current support is broken, the price of this currency can fall to the first target range of $8.7-$8.13. In the 4-hour time frame, Solana's trend will not be bullish until the price above the $18.5 level is reversed.