Solana (SOL) is struggling to secure $200 as support, with its price hovering around $183 after a 15% drop from $201. The Net Unrealized Profit/Loss (NUPL) nearing the Fear Zone suggests potential for a rebound, as historically, dips into this zone precede recoveries. The RSI is improving, signaling growing bullish momentum. If SOL reclaims $200 as support, it could target $221, marking a recovery. However, failure to break $201 resistance risks further consolidation or a drop to $169, delaying bullish momentum. Investor sentiment and market conditions remain key to SOL’s next move.
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