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Sergi Mamedov
Sergi Mamedov

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πŸ“‰ Solana Price Dips Below $200 as Whale Withdraws $5M in $SOL πŸ‹

πŸ“Š SOL Struggles Below $200!
Solana remains under $200, pressured by market uncertainty and broader crypto corrections. BTC trades near $96K, fueling bearish sentiment. A whale withdrew $5M SOL, signaling cautious investor behavior. Markets remain range-bound ahead of the CPI report.

πŸ‹ Whale Moves Shake Market!
Lookonchain data shows a whale withdrew 25,306 SOL ($5M) from Coinbase, possibly shifting to AI tokens. The same entity recently bought 38,138 SOL ($7.8M) worth of ARC and Ai16z. Meanwhile, another large investor sold 4.09M Fartcoin for 11,578 SOL, losing $2.21M in the process.

πŸ“‰ SOL Faces Resistance at $200!
SOL trades at $196 (-2%), struggling to reclaim $200 resistance. If bulls fail, support at $180 could be tested. A breakout above $200 could push SOL to $230, while failure to hold support may lead to further downside.

πŸ“‰ Bearish Indicators!
The MACD signals bearish momentum, with the RSI at 43, nearing oversold conditions. Solana’s next move depends on whale activity, BTC price, and broader market sentiment.

⚠️ Disclaimer:
This post is for informational purposes only and does not constitute financial advice or endorsement.
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