Solana Price Outlook: ETF Inflows, Firedancer Upgrade And SOL Momentum

(MENAFN- DailyFX (IG)) Solana bearish scenario:

As long as SOL remains below its 21 May high at $87.90 high on a daily chart closing basis, downside pressure is expected to remain dominant.

A fall through support at the $81.50-to-$81.33 may lead to the $80 region being revisited.

​Short-term outlook: bearish while below the 21 May high at $87.90

​ Medium-term outlook: neutral while above the 24 February low at $75.68 but below the current May high at $98.38

Solana daily candlestick chart Source: TradingView Important to know

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