Will it be held as FTX deposits salt on binance?

Solana refused to $ 143 after a recent 28% drop, recovering 4% in the last day, but it can face the pressure on which FTX continues to deposit salt on stage.

The decline came after the wave of profits, after the initial optimism around us announcing the US CRIPTO strategy reserves of President Thunteski Reserves. Solana (Salt) rose to $ 179, before marketing decreased to 130 dollars reacted Trump confirmation that tariffs in Canada and Mexico will take effect on March 4. March.

Despite volatility, the Solan DEX sector remains strong. According to the defile dataSolana overturned DEX volume for the fifth consecutive month, hitting $ 109 billion, which was 24% higher than Ethereum (El). Although the trading market has a memory chilledplatforms such as Raidium (Radiate), Meteor and Orca are still driving a huge amount of trading.

At the technical front, 9-day EMA acts as resistance, indicating a bear momentum. Support is located at $ 136, while key resistance levels are 150.05 USD, 166.32 USD and $ 179.01. At 39.65, precisely above the resale zone, the relative strength index indicates the possibility of short recovery.

Although spikes in trading have lately, the entire trend is still downwards. Sol can try to recover $ 166 if broken above Level $ 150. However, it could fall if current support is maintained.

In the meantime, the bankruptcy of the bankruptcy of FTX seems to be prepared to land large amounts of salt, adding uncertainty to the market. According to recent transactions marked by analytics company at LOOKOKROCHAIN ​​chain on Mar. 4, FTX-connected address is eager to 3.03 million Sol (431.3 million dollars), carrying 24,799 salt ($ 3.38 million) in binanci.