solana spot etf - Solana Struggles Below $86 Amid Weak ETF Demand
Solana's price remains under pressure, failing to reclaim the $86 mark as ETF flows dry up. The cryptocurrency is currently trading below $85, a level that previously acted as short-term support. This shift indicates a potential control by sellers, with momentum indicators such as RSI and MACD suggesting weakening buyer interest.The $86-$88 range now serves as a significant resistance zone, reinforcing bearish sentiment as Solana has repeatedly failed to break through. Additionally, declining social activity and weak ETF demand contribute to the lack of upward momentum, pointing towards a period of extended consolidation rather than a swift recovery.Solana is currently trading within a descending channel, fluctuating between $84 and $86. A close above $86.3 could signal a shift towards the mid-$90s, while a break below $80 might lead to a decline towards the mid-$70s. For now, the market is likely to see sideways movement between $81 and $87 until a decisive breakout occurs.
This detailed match analysis covers key moments, player performances, and tactical insights.
Key Statistics
Possession: 55% - 45%
Shots on target: 6 - 3
Pass accuracy: 88% - 82%
Corners: 5 - 2
Player Ratings
- Home MVP: John Doe (9.2)
- Away MVP: James Smith (8.7)
Post-Match Analysis
The manager praised the team's resilience after coming from behind. "We showed great character," he said.
This win moves them to the top of the league table with 45 points.
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