Solana’s Future Uncertain: Will $350 or $90 Mark the Turning Point?

Solana finds itself teetering on a knife’s edge, poised to either reach new heights or plummet significantly. The cryptocurrency’s price action is currently hovering around the crucial $117 support level, which corresponds with a significant Fibonacci retracement point. While technical indicators suggest potential reversal, the market remains in flux, influenced by broader crypto market trends and investor sentiment.