Solana (SOL) Price at Critical Turning Point: Analysis Firm Issues Warning

Cryptocurrency analysis firm MakroVision published its latest technical assessment for Solana (SOL), arguing that the price is at a critical ￰0￱ to the company's statement, the corrective bullish structure indicated in previous analyses for Solana proved effective, but the price retreated again with an impulsive (c) ￰1￱ a recovery is currently underway, it was stated that significant resistance levels must be overcome for the upward trend to become ￰2￱ to the analyst firm, the overall downward movement in Solana is still corrective within the (A)-(B)-(C) ￰3￱ stated that the upcoming period will be decisive in determining whether an impulsive recovery will ￰4￱ shared their views on critical resistance and liquidity zones as follows: $223: A strong resistance level combined with high ￰5￱ above it would be the first positive signal for a sustainable recovery. $246: A breakout of this level could open the rally towards the $270 target. $198 (0.5 Fibonacci) and $193 (0.618 Fibonacci): First defensive zones in case of possible pullbacks. $188: Offers strong support.

However, a drop below this level could trigger a new downward ￰6￱ News: Cryptocurrency Crisis on X - Company Issues Statement Technical analysis chart shared by ￰7￱ noted that Solana is trading just below critical resistance levels, adding that an impulsive break above $223 would be a turning point for bulls. Otherwise, the price could retest the $188 support level, he warned. *This is not investment ￰8￱ Reading: Solana (SOL) Price at Critical Turning Point: Analysis Firm Issues Warning