SOL / TetherUS
Long

Solana’s 60% Correction: Time to Buy the Dip?

448
After reaching an all-time high around the $300 zone, Solana experienced a sharp decline of approximately 60%, dropping to a key support level above $120.

This pullback could present a strong buying opportunity for speculators anticipating a reversal toward $200.

Conclusion:
✅ Dips below $140 should be considered potential entry points.
✅ The setup becomes invalid if the price closes below $120 on a daily basis.
✅ A move toward $200 remains a reasonable and achievable target.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.