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Solana (SOLUSD) Slides as Bearish Sentiment Overrides Institutional Adoption

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The Story

News Summary

  • Solana (SOL) faces intense selling pressure, marking eight consecutive monthly losses despite growing institutional adoption by firms like Mastercard.
  • Technical indicators remain deeply bearish, with derivatives data confirming that short sellers currently dominate market sentiment, risking a potential breakdown below the critical $65 support level.
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SOLUSD price history

100.54 +19.17% over the displayed period

Advisor Snapshot

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