Solana Price Breaks Key Support as Network Activity Slumps—Will Bears Trigger a Short Squeeze Next?

The post Solana Price Breaks Key Support as Network Activity Slumps—Will Bears Trigger a Short Squeeze Next? appeared first on Coinpedia Fintech News

Solana (SOL) price is trading near $79.5 after failing to break out of the broad $76–$90 range that has contained price action for several months.  The loss of momentum is occurring alongside signs of weakening participation across the Solana ecosystem and derivatives market. At the same time, liquidation data is creating a notable liquidity pocket …