Key facts: Solana’s bearish trend signals 55% drop; futures contracts rise — TradingView News
- Solana (SOL) shows a bearish Head and Shoulders pattern, with analysts predicting a possible 55% drop to about $42. It recently fell nearly 10% to a two-year low of $90.1
- New futures contracts for Solana are rising, showing traders are opening positions. However, negative funding rates for perpetual contracts suggest bearish sentiment in the derivatives market.2
