13 hours ago
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March 9, 2025 by Vaigha Varghese
The recent developments in the SOL network have deeply affected the Solana price. As a result, SOL holders are now flocking to other channels for better gains and price stability. Among the many, IntelMarkets is gaining traction as the next crypto titan with its AI blockchain platform that incorporates AI technology to trigger automated trading strategies for its users.
Solana Price Faces Correction Amid Bullish Signals
Given the recent announcement of becoming a part of the strategic reserve, the Solana price dropped by 20% and is now trading at $144.93. This sharp drop has raised concerns about the Solana price and whether the bullish outlook will remain intact. After hitting its daily high target at $179.53, the SOL altcoin retracted to $140.21 and erased gains from previous sessions.
Key support levels for SOL around $155 failed to hold and triggered a stronger decline. Historically, this range has acted as resistance for the Solana price in August and September, which makes it a critical zone. Despite the drop, SOL’s trading volume has surged, showing strong market activity. On the technical side, the Bollinger Bands suggest heightened volatility.
In terms of performance metrics, the moving averages show downward pressure for SOL. If the Solana price recovers above $155, the altcoin could regain bullish momentum. However, failing to hold current levels may lead the Solana price to further decline toward $128. Investors are currently cautious, balancing SOL’s long-term potential with short-term price fluctuations.
Crypto Expert Shares Strong Liquidity Zones for SOL
Further analysis by the expert showed that SOL is nearing key liquidity zones, with strong resistance near $183 and $165. The Solana price action suggests these levels are critical for determining SOL’s next direction, as large liquidity clusters influence market movement. Recently, SOL reached a $183.32 high before facing the selling pressure that pushed it down.
The Solana price briefly tested $165.69 but failed to hold, leading to a drop toward $155. The heatmap indicated a high concentration of liquidity between $183 and $183, which could act as a strong barrier to upward movement. On the downside, liquidity accumulation is visible around $150 and $155, signaling buyer interest.
IntelMarkets Gears Up: Next Crypto Titan With AI Trading Bots
IntelMarkets (INTL) is soaring ahead as the best AI crypto in the volatile market right now. The platform’s purpose-built AI extracts on-chain data and allows retail traders to expand their capital. IntelMarkets is the first platform that brings an exclusive gateway to all the data and resources to all traders that only whales and market-makers have access to.
The platform helps traders observe the constantly changing market and see beyond the visual charts with its mind-blowing AI technology. IntelMarkets’ AI-powered analytics empower institutional investors and retail traders with data-backed trading signals to secure massive gains before the market reaction.
Investors Turn Bullish On IntelMarkets’ $0.09 Altcoin Over Solana
Given the platform’s volatility, SOL holders are increasingly buying more of other project assets till the trend lasts. Among the many, IntelMarkets (INTL) is also witnessing a high investment pattern from SOL holders as they turn bullish on INTL’s $0.09 altcoin amid the Solana price downturn.
IntelMarkets helps traders stay ahead of the shifting market trends with AI-powered data aggregation, tracking on-chain shifts, liquidity surges, and market anomalies. The platform offers a custom dashboard that delivers deep market intelligence with enhanced accuracy. Looking to secure heavy profits amid the market volatility? Make sure to check out IntelMarkets’ presale!
Discover More About IntelMarkets:
Presale: https://intelmarkets.io/
Buy Presale: https://buy.intelmarkets.io/
Telegram: https://t.me/IntelMarketsOfficial
Twitter: https://x.com/intel_markets
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