Solana’s Net Unrealized Profit/Loss (NUPL) is nearing the Fear Zone, reflecting cautious investor sentiment. A rebound often follows dips into this zone. If NUPL enters the Fear Zone, renewed buying activity could signal a potential bullish trend for Solana.
Currently, Solana is fluctuating around the 200 USD support level. If it successfully reclaims this level, it might rise to 221 USD. Conversely, losing the 183 USD support level risks further decline to 169 USD, challenging its bullish momentum.