Analyst Says $50M Long Squeeze Could Catalyze Solana Price Rally to $300

Solana (SOL) price has dropped below $150 for the first time in nearly a month. This drop has coincided with a nearly $50 million long squeeze that has increased the sell-side pressure facing SOL. Meanwhile, analysts note that if Solana price falls to retest the support level at $140, it could catalyze a bull run to an all-time high of $300.