{"id":2528,"date":"2025-04-04T19:17:14","date_gmt":"2025-04-04T18:17:14","guid":{"rendered":"https:\/\/investx.fr\/en\/?p=2528"},"modified":"2025-04-04T18:09:24","modified_gmt":"2025-04-04T17:09:24","slug":"solana-sol-price-drop-11-percent","status":"publish","type":"post","link":"https:\/\/investx.fr\/en\/crypto-news\/solana-sol-price-drop-11-percent\/","title":{"rendered":"Why Did Solana (SOL) Drop 11% in Just a Few Hours ?"},"content":{"rendered":"\n

Solana (SOL) Plunges 10% as Bears Take Control : What Lies Ahead ?<\/h2>\n\n\n\n

The Solana (SOL)<\/strong> token is currently grappling with intense selling pressure, with its price dropping over 10%<\/strong> in the last 24 hours. As key technical indicators like the Ichimoku Cloud and BBTrend<\/strong> confirm sellers’ control, the risk of a continued downtrend appears to be strengthening.<\/p>\n\n\n\n

With SOL<\/a> now trading well below crucial levels, attention turns to the critical support at $112<\/strong>. A decisive break below this threshold could trigger a new cycle of massive selling, with SOL threatening to retest its yearly lows reached in February 2024.<\/p>\n\n\n\n

Bearish Signals Intensify for Solana<\/h2>\n\n\n\n

Solana’s 4-hour chart with the Ichimoku<\/strong> cloud currently displays concerning bearish signals<\/strong>. The price has clearly broken below the Tenkan-sen (blue line) and Kijun-sen (red line), confirming a clear rejection of short-term support levels<\/strong>.<\/p>\n\n\n

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\"solana<\/figure>\n<\/div>\n\n\n

Both lines are now pointing downward, reinforcing the prospect of strengthening bearish momentum. The significant gap between the latest candles and the cloud further suggests that any rebound attempt would face substantial resistance<\/strong>.<\/p>\n\n\n\n

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$SOL<\/a> is sitting at a critical support zone $100\u2013110.

If we see a bounce, first target is $147.
pic.twitter.com\/KoxZZVuhc1<\/a><\/p>— RJT. WAGMI (@RJT_WAGMI) April 3, 2025<\/a><\/blockquote>