📉 Solana Price Dips Below $200 as Whale Withdraws $5M in $SOL 🐋

📊 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.

🐋 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.

📉 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.

📉 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.