{"id":22362,"date":"2025-04-16T13:18:36","date_gmt":"2025-04-16T13:18:36","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=22362"},"modified":"2025-04-16T13:18:36","modified_gmt":"2025-04-16T13:18:36","slug":"solana-dead-cat-bounce-from-95-wil-solusdt-tank-to-65","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=22362","title":{"rendered":"Solana Dead Cat Bounce From $95? Wil SOLUSDT Tank To $65?"},"content":{"rendered":"
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Solana price hovers below $130 after a 65% drop from $295, sparking dead cat bounce fears. Despite strong fundamentals like Janover\u2019s SOL purchase and booming DEX activity, will SOLUSDT tank to $65?<\/em><\/p>\n

In just under three months since surging to $295, Solana is down by over 65%, shattering investor hopes, including holders of some of the <\/span>best Solana meme coins<\/span><\/a>. SOLUSDT is now trading below $130 and has been moving sideways for weeks. Support lies at April lows around $95, with resistance at $150.<\/span><\/p>\n

DISCOVER:\u00a0<\/span>Best Meme Coin ICOs to Invest in April 2025<\/span><\/a><\/strong><\/p>\n

SOLUSDT Steady, But Is This a Dead Cat Bounce?<\/span><\/strong><\/h2>\n

Even as SOL prices find support at spot rates, one analyst on X remains skeptical of the upward momentum.<\/span><\/p>\n

\"Image\"<\/p>\n

(Source<\/a>)<\/strong><\/p>\n

In a post, the trader noted that despite recent gains pushing SOLUSDT from $95 to $135, the downtrend persists.<\/span><\/p>\n

If sellers maintain pressure from current levels and SOL bulls fail to break $130, prices are highly likely to drop below $95, or April 2025 lows, to $65. The analyst added that this is where SOL may eventually find support.<\/span><\/p>\n

In his analysis, the analyst observed that Solana is retesting a breakout zone. If the breakout is confirmed, sellers could drag the coin to $65. <\/span><\/p>\n

From a technical perspective, despite trader optimism for SOL to climb back to $295 and align with Q4 2024 gains, sellers remain dominant.<\/span><\/p>\n

<\/p>\n

In three months, sellers have fully reversed gains posted in November 2024. The climactic surge, driven by meme coin demand, marked the end of the bullish cycle. <\/span><\/p>\n

This upward move was fueled by the launch of TRUMP and MELANIA meme coins on Pump.fun, the Solana meme coin launchpad.<\/span><\/p>\n

EXPLORE:\u00a0<\/span>Best New Cryptocurrencies to Invest in 2025<\/span><\/a><\/strong><\/p>\n

Will Janover, OpenSea, And DEX Activity Support Solana?<\/span><\/strong><\/h2>\n

Despite this cautious outlook, fundamentals remain strong, and SOL remains one of the <\/span>best cryptos to buy<\/span><\/a>. <\/span><\/p>\n

Following a strategic move, Janover, a public real estate company, is <\/span>purchasing<\/span><\/a> Solana and adding it to its treasury. The firm recently acquired $10.5 million worth of SOL, increasing its reserve to over 163,000 SOL. <\/span><\/p>\n

After board approval, Janover first purchased the coin on April 4, 2025.<\/span><\/p>\n

The firm is buying SOL for long-term investment, not speculation. From their haul, Janover will stake SOL via Kraken, delegating tokens to Janover-run validators, earning yield.<\/span><\/p>\n

Moreover, ahead of its SEA launch, OpenSea announced Solana token trading support for closed beta users, with plans to add Solana NFT support soon. The team described this as a \u201cmajor milestone in their multi-chain journey.\u201d<\/span><\/p>\n

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Solana token trading is now live on OS2 for some closed beta users & will be rolling out to more in the coming weeks.<\/p>\n

This is a big milestone in our multi-chain journey. Solana has some of the most passionate users and builders in web3.<\/p>\n

Coins first, NFTs coming later. Most\u2026 pic.twitter.com\/Bj1Tka98Le<\/a><\/p>\n

\u2014 OpenSea (@opensea) April 14, 2025<\/a><\/p>\n<\/blockquote>\n