Solana (SOL) Price: Three Red Weeks and One Big Support Level to Watch
Photo: CoinCentral
TLDR SOL trades near $101.45 after three straight weekly losses, including a 2% drop last week. Solana ETFs saw $17.30 million in outflows last week, bringing the monthly total to $72.24 million. Futures open interest fell to about $6.18 billion–$6.27 billion from $6.34 billion, depending on the source. SOL sits below its 50-day EMA ($105.99) and above its 200-day EMA ($98.27). Analyst Ted Pillows says SOL looks like Q3 2023, with a possible dip below $90 before a rally. Solana (SOL) held above $100 on Monday, trading near $101.45 after three straight weeks of losses.
Source: CoinCentral
