Barron Trump Solana Tweet Don Dey Fuel Speculation As Solana Dey Strong And Market Dey Challenge
Solana (SOL) don get serious attention afta one tweet wey Barron Trump do, e say ‘hi Solana,’ wey e later delete. Dis thing wey happen make pipo wey dey trade dey think too much about how e go affect Solana for market, as di price drop by 3.8% to about $240. Even wit di ups and downs, Solana still dey strong becos developers dey work and pipo dey use NFT well well. Di wey dem remove di tweet make pipo dey think say dem wan avoid market wey dem go manipulate or wahala wit law. Solana dey face challenges like network wey dey go off and competition from Ethereum Layer-2 solutions but e dey get attention from big pipo wey dey mention am. For technical side, SOL dey inside one bearish ‘rising wedge pattern’ wey dey show say e fit drop to $81, wey be 66% retracement if di bearish trend continue. But if e rise above di resistance levels at $252 and $277, e fit change dis trend. Di RSI still dey neutral, wey dey show say market no settle. Dis news show how big pipo dey affect crypto markets and e dey point out say make we dey shine our eyes well well when we dey trade.
Bearish
Deletion of Barron Trump’s Solana tweet and the market speculation wey follow am, dey show how e fit affect Solana price for bad way. Even though Solana dey strong because developers dey work on am, the technical indicators dey show say e fit be like say market wan fall, wey dem mark with 66% retracement target if the trend continue. Meanwhile, competition and network wahala dey cause market instability. Because of this, traders suppose dey careful of the bearish signals and how big people wey dey talk about am fit affect am, because e fit cause market to shake small time or make people no dey trust am for long time.