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- Salt has increased by 5.02% in the last 24 hours.
- Solana could see a permanent recovery if it holds over $ 200.
After falling to the lowest level of $ 179, Solana (Sol) made a moderate recovery to reach $ 220. However, Altcoin has withdrawn since then. In fact, from this writing, Solana traded $ 206.
This indicated an increase of 5.02% on the daily scales. Prior to these gains, the salt was on the path down, fell 14.12% on the weekly ladder.
With a recent price recovery, Altcoin left analysts to discuss a possible permanent recovery. Because the popular crypto analyst, MAN of Bitcoin, suggested a potential recovery, citing Fibonacci’s wave 3.
The market mood suggests …
In his analysis, Manofbitcoin He noticed that the salt pans operated on Wave-3 to upside down.
Source: x
Usually Val 3 is the most powerful and extended, often reach 1,618x or even 2,618x wave length 1.
Therefore, if this cultivation is held, the real goal for salt would be $ 225. However, if Altcoin fails to retain and lose its significance, the wave three could fall from expectations resulting in withdrawal.
Can Solana see a lasting recovery?
Although the above analysis offers promising chances, it is crucial to interpret other market indicators and determine what they suggest.
According to Ambcrypto’s analysis, Solana gained short-term momentum that could see Altcoin make some gains at her prices.
Source: Coinalyze
For example, the futures base of the salt pans remained positive for binans and kraken. When it remains positive, it implies that the futures agreements are traded with a premium to the video.
This reflects the market feelings on the market with merchants who expect prices to increase, and they pay compensation to retain their positions.
Source: Coinalyze
This being is further confirmed because the long owners dominate the market.
Conlyze data show that long positions make up 76.42% of the daily time frames. When more merchants have been going for a long time, it implies that they predict that prices will recover.
Source: COINGLAS
The outflows exceeded the influx, indicating that more investors pull their salt from an exchange than disposal.
With a negative video, Netflow suggests that traders are also accumulating a warehouse in private wallets, waiting for appropriate conditions to re -enter the market.
Read the Predict of Solna Price (Sol) 2025–2026
Although Solana has been declined over the past week, this is not an isolated case because the wider crypto market has also experienced a decline.
If the market remains optimistically, we could see the salt back $ 219 and then try a breakthrough of $ 223.
In order for this bull’s prospect to keep, Altcoin must remain above $ 200. In contrast, potential correction could fall again at $ 200.
