As a result of the Federal Reserve "Quantitative Tightening" Solana (SOL) will have a negative impact, also including many other cryptos & stable coins becoming risky.
Therefore, (SOL) could move lower back to a previous strong level of support during last years 2021 bull run, with its next potential downside target in the $23–$29 area; as shown below in the red rectangle.
Therefore, (SOL) could move lower back to a previous strong level of support during last years 2021 bull run, with its next potential downside target in the $23–$29 area; as shown below in the red rectangle.