menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Solana News

>

Solana Fun...
source image

Newsbtc

3d

read

298

img
dot

Image Credit: Newsbtc

Solana Funding Rates Turn Negative – Early Sign Of Selling Pressure?

  • Solana is consolidating just below the $180 level after a strong rally, facing resistance as buyers struggle to push SOL decisively through the key barrier.
  • New data shows Solana is the only top 10 cryptocurrency with a negative funding rate, signaling potential short-side pressure building in the derivatives market.
  • The divergence between price consolidation and growing bearish positioning in Solana could act as a catalyst for a short-term move, setting the tone for market behavior ahead.
  • Solana is at a critical inflection point after a significant rally, with bulls needing to push above a major resistance zone to confirm the uptrend and potentially move towards $200 and beyond.

Read Full Article

like

17 Likes

For uninterrupted reading, download the app