Solana (SOL) may face a significant price drop to $105, according to a TradingShot analyst. The prediction, reported on October 21, highlights a potential correction based on Solana's trading patterns since April, which indicate weakening momentum. Currently, SOL is trading near its 200-day moving average at $165, a critical support level. A breach of this level could lead to a deeper selloff, pushing the price toward the $105 mark. As of the latest data, Solana is trading at $188.94, reflecting a 1.3% decline over the past 24 hours.
Analyst Warns Solana Could Plunge to $105 Amid Weakening Momentum
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