BeInCrypto

Solana Tries to Rebound but a DeFi Contagion Sends 1.32 Million SOL to Exchanges

Solana (SOL) price trades at $84.15 on the 12-hour chart, attempting a rebound from the $82.93 support. A hidden bullish divergence has formed between April 15 and April 19, signaling that selling momentum may be exhausting. However, rising sell volume and a massive spike in exchange inflows complicate the setup. Someone is consistently offloading SOL

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