Precio de Undead SolsSOL

$SOL SOL about to bounce? 🚀 $75 = BUY $85 = SHORT Smart traders already waiting 👀 #CryptoSignals #SOLUSDT

$SOL Weekly Price Expectation For the upcoming week, SOL is expected to move within the following range: Support Zone: $75 – $77 Resistance Zone: $85 – $89 The most probable scenario is a bounce from lower support levels toward resistance, followed by continued sideways movement. This indicates a short-term trading environment rather than a long-term trend reversal. Trading Strategy Given the current conditions, traders should focus on range trading strategies: Buy Zone: $75 – $77 (strong support area) Sell/Short Zone: $85 – $89 (strong resistance area) Avoid Zone: Mid-range ($78 – $82), where price action is likely to be unstable and unpredictable Risk management remains crucial. Traders should avoid over-leveraging and wait for clear confirmations before entering positions. Final Verdict The short-term bias for Solana is slightly bullish, but only as a corrective bounce within a larger weak trend. Expected movement: $75 → $85 range No confirmed bullish breakout yet Market remains fragile and reactive

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Solana price fell nearly 9% following a major exploit on its Drift Protocol DeFi platform that drained nearly $300 million in digital assets. Solana ( $SOL ) price fell 9% to an intraday low of $78.6 on April 2, bringing its market cap down to $45.5 billion. Over the past 7 days, SOL price has fallen by over 10%, marking the steepest loss among the top 10 cryptocurrencies in the market. Solana price crashed following a major exploit on the Drift Protocol that left investors concerned about the security of decentralized finance applications on the network. Notably, the $285 million hack stands as one of the largest hacks in the Solana ecosystem over the past 5 years. The token also fell along with a broader market drop as investors retreated to the sidelines on news of an escalation of the U.S. and Iran conflict in the Middle East, which has led oil prices to climb back above $100. Solana price has also suffered due to lackluster demand from institutional investors. Data from SoSoValue show that spot Solana ETFs have recorded no inflows over the past nine days aside from the $4.64 million inflow seen last Thursday. Solana price analysis On the daily chart, Solana price has followed a descending channel pattern that it has respected since mid March. Cryptocurrencies tend to form lower lows and lower highs within this range as long as they remain under bearish pressure. Technical indicators suggest more caution for traders over the short term. Notably, the 20-day SMA has formed a bearish crossover with the 50-day SMA. Additionally, the Chaikin Money Flow index shows a negative reading of 0.04, a sign that investors are drawing away capital or funds from the Solana market, likely due to the recent security breach. For now, $75, a support level that aligns with a strong pivot reverse of the Murrey Math lines, serves as the next key floor that traders should keep an eye on. A sharp drop below this level can accelerate the downward momentum. On the contrary, a rebound above $93, a level where previous resistance sits, could signal the start of a new uptrend for the asset.