Solana will face the key moment in May – the reflection of the bear or the DIP to the bull market?

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Solana trades at critical levels after an unstable week, in which the main violent rapid increases on the cryptographic market. While the rally caused optimism, the analysts remain sharply divided. Some believe that this is only a hearty correction in a wider bull cycle, while others warn that the cryptographic market could already enter the modern bear phase.

In the case of salted, the following weeks should be decisive. The best Inmortal analyst shared in insights on the subject of X, emphasizing that in the next 30 days the market will probably reveal whether the latest attempt to recover is a basic reflection on the market or the beginning of a decline to the bull market and modern expansion.

Since Solana maintains the key technical levels above, the price action will be crucial for determining the sentiment. The stake is high, especially as macroeconomic uncertainty, driven by global commercial tensions and changes in monetary policy, it still clouges the wider financial landscape.

Investors should be careful, but vigilant. Another salt movement can give a tone not only for its own trajectory, but for the Altcoin sector as the whole summer months. The clock is ticking in this key phase.

Solana is approaching the critical level among the piercing recovery

Solana was rapidly affected from the local level of 7 April about USD 95, gaining an impressive 54% in just a few weeks. The bulls regained the momentum when Solana trades near the levels of critical resistance, with analysts calling a potential push above USD 160 in a brief period. However, despite this forceful recovery, the risk of reversing the inheritance remains high.

From January, she was one of the most hard main cryptocurrencies. He lost over 65% of his value during the last inheritance, emphasizing intensive sales pressure and increased speculation on a wider market. While the last rally is encouraging, many ask if it means the beginning of a modern stubborn phase or just momentary reflection as part of a larger bear.

Inmortal observations Emphasize that this may be a decisive month for Solana. According to him: “You can’t imagine how necessary it can be.” Over the next 30 days, the market will reveal whether the last Solana strength is a basic reflection of the bear market, or the beginning of a real dip on the bull market, which can lead to further benefits.

Solana price chart comparing various cycles Source: Inmortal on X
Solana price chart comparing various cycles Source: Inmortal on x

The upcoming weeks will be of key importance, and the Solanka price price will probably give the entire Altcoin market this summer.

Details of the price: Key levels to watch

Solana (SOL) trades after $ 146 after losing about 6% of its value from Friday. Despite the forceful rally at the beginning of this month, the bulls are currently in the face of growing pressure to defend the current levels. SOL must recover USD 180, which strictly compatible with the 200-day movable average (ma) to resume a stubborn trend and regain market trust.

Sol Trading below 200-day MA and EMA | Source: Solusdt chart on TradingView
Sol Trading below 200-day MA and EMA | Source: Solusdt chart on TradingView

The 180 USD mark is of key importance because the decisive move above signaled the strength and opened the door to the push towards the higher resistance zone. However, without this breaking, the current rally risks the disappearing in the next lower high, further weakening the solar structure.

On the other hand, losing the level of 140 USD would be the main red flag for bulls. A indefinite failure below this support can cause a deeper correction, and the price has potentially dropped below the 100 -USD psychological mark. Such a movement would probably accelerate bear and invite further sales pressure, especially since macroeconomic risk and global uncertainty still burden the cryptocurrency market.

The next few days will be the key to Sol. Bulls must act quickly to defend, support and try to recover or risk opening the door to another gigantic leg down.

Recommended photo from Dall-E, Tradingview chart

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