Solana Dey Face Plenty Bearish Pressure as Big Big Money People Dey Sell, Threatening $140 Support Level
Solana (SOL) dey under serious down-down pressure as big-big whale investors dey sell am anyhow, wey clear say dem don transfer over $640 million worth of SOL go exchanges. On May 30, Solana out-flow pass in-flow, meaning say negative movement still dey. This heavy selling by whales don put the important $140 support level for danger. Data from derivatives show say funding rates don turn negative and plenty long positions don liquidate, wey just confirm say market dey bearish. Technical analysis show say SOL don lose important bullish momentum, e don even fall below key support areas. If that $140 level break, analysts dey warn say e fit cause plenty liquidation and price fit drop well-well. Short-term feeling for Solana na clear negative, because of big whale activity and plenty shakara, but long-term go depend on how the bigger crypto market dey move and how strong Solana ecosystem dey. Crypto traders suppose dey monitor SOL support levels, on-chain flows, funding rates, and whale activity for more shakara and price direction.
Bearish
As Solana big big crypto owners (whales) dey sell plenty plenty and money dey comot from the system, e dey put serious pressure on SOL price, and the $140 support level don dey for risk now. Wetin dem dey call derivatives data—like negative funding rate and too much long liquidations—dey make the bearish feeling strong strong. Say price break below important support levels and no quick good news go make am rise, e mean say price fit still dey fall, especially if $140 break totally, wey fit cause many many liquidations and sharper falls. Even though the long-term future fit depend on wetin dey happen for the whole crypto world and market, for short-term, the price still dey go down because of plenty shakiness and whale activities. Crypto traders need to dey careful and watch out for more fall for price.