Solana (SOL) has dropped below $200 for the first time in over a week, hitting a one-week low of $207 on Friday. This decline follows a 6.6% intraday drop below the $210 level, raising concerns among analysts about further potential declines. The $200 mark, which has historically served as a support level, is now in focus as a possible retest point.
Analysts, including Crypto Batman and Man of Bitcoin, emphasize the importance of the $215–$220 range, suggesting that a breakdown here could invalidate the current bullish trend. As of now, Solana is trading at $205, reflecting a 12.1% decline over the past week.
Solana Falls Below $200 as Key Support Level Breaks
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