SOL USD is dropping, causing concern in the crypto market. Speculation arises about insider selling or market manipulation. Solana ETFs await approval while SOL USD remains within a two-year range. Weekly chart shows potential for bullish movement, with support at $240 and RSI and Moving Averages pointing upwards.

On the 1D chart, RSI and Moving Averages indicate a positive trend. Potential deviation below $200 may signal a shift, but uptrend remains until MAs turn. 4H timeframe shows a retest of a Bearish Orderblock, with bulls needing to push for a new ATH in Uptober. Trade cautiously and manage risk carefully.

Read more at Yahoo Finance: Is SOL USD Dead? The Crypto Market Is Facing Another Sell-Off