Solana dey face Market wahala as price dey touch critical levels for middle of profit taking
Solana (SOL) don see significant market movements as e price just drop to a critical Realized Price level, wey dey often signal potential shifts for market trends. Historically, to drop below dis level don lead to extended bearish trends, as we see am for di 2022 downturn, while to maintain above am dey indicate possible bullish momentum. E dey currently trade around $136 after 15% drop wey dem attribute to profit-taking, Solana see increased selling activity from investors after price rally wey dem link to di announcement of Crypto Strategic Reserve wey involve SOL. Dis selloff dey prominent among short-term holders wey capitalize on quick gains, wey dey raise concerns about future price stability. Traders dey keenly observe whether Solana fit maintain e position above di Realized Price level to avoid further decline.
Bearish
Di recent price wey Solana dey do, wey mark by 15% drop because of plenty profit wey people dey take and e drop to critical Realized Price levels, show say e go dey bearish for short to mid-term. For past, if Solana price fall below Realized Price, e dey start long bearish trends, wahala wey dey make investors dey sell more to collect gain after small rally. Di focus now be say if Solana fit hold body above di critical price marker to prevent further downtrends. Dis pattern, plus current market situation and how investors dey behave, dey suggest say traders need to dey careful, wey dey point to bearish sentiment.