Solana faces renewed pressure after a recent climb stalled near $168. SOL price dipped below $162 earlier today. Consequently, it now trades under the 100-hourly simple moving average. 

Technical signs suggest a test of key support levels is imminent. Buyers must hold the $155 zone to prevent steeper losses. Meanwhile, investor focus shifts towards high-potential presales offering clearer near-term gains. 

Mutuum Finance (MUTM) emerges prominently in this search for value.

Solana tests critical supports

Solana enjoyed a positive run earlier, clearing $160 decisively. It briefly touched $168.60 before momentum faded. Subsequently, a break below a key bullish trend line around $162 occurred. This triggered the ongoing correction. 

SOL now hovers near the $158 level. This price represents the 76.4% Fibonacci retracement point from its recent swing low. Resistance is forming near $160 and $162. 

Overcoming $162 is crucial for renewed upward movement. Failure here risks a slide towards $155. Holding $155 is vital for bulls. If broken, the next significant support sits near $150. 

Technical indicators lean bearish currently. The hourly MACD shows increasing downward momentum. Furthermore, the RSI sits below 50, reflecting weakening buying pressure. Market participants watch these crypto charts closely.

Mutuum Finance presale momentum builds

Investor attention increasingly turns to Mutuum Finance (MUTM). Its presale is generating substantial traction. Phase 5 is currently underway, offering tokens at $0.03 each. This price marks a significant 200% increase from the opening phase. 

More than $12,400,000 has been raised since the presale began. Over 615 million MUTM tokens have been sold already. Total MUTM holders now exceed 13,400 individuals. Phase 5 is over 70% filled. This means the chance to buy at $0.03 is diminishing rapidly. 

Once Phase 5 sells out, Phase 6 commences. Token pricing will then rise 16.7% to $0.035. Mutuum Finance (MUTM) will officially launch at $0.06. Therefore, purchasing now guarantees a 100% return on investment at launch. 

Many analysts foresee much greater post-launch potential. Realistic projections suggest MUTM could reach $3.50, representing a potential 116x gain from the current presale price.

Mutuum’s foundation and security

Mutuum Finance (MUTM) offers more than just price appreciation. Its utility drives genuine demand. 

The protocol features a unique dual lending model: Peer-to-Contract and Peer-to-Peer. This design provides users flexibility and control. Security remains a paramount focus. 

The team successfully finalized its CertiK smart contract audit. CertiK awarded Mutuum a 95.00 security score, confirming its robust defenses. No vulnerabilities were found during the audit. 

Additionally, no security incidents have occurred in the past 90 days. Mutuum Finance further bolstered security by launching an official Bug Bounty Program with CertiK. 

A substantial $50,000 USDT reward pool incentivizes ethical hackers. Rewards are tiered based on vulnerability severity: critical, major, minor, and low. This proactive approach enhances trust.

Engagement and incentives

Mutuum Finance actively rewards its community. A massive $100,000 MUTM giveaway is currently running. Ten lucky winners will each receive $10,000 worth of tokens.

Participation requires simple steps. Interested individuals must submit a valid wallet address. Completing all designated quests is essential. Eligibility demands a minimum $50 investment in the ongoing Mutuum presale. 

Furthermore, the project promotes long-term holding. A dedicated dashboard features a leaderboard tracking the top 50 MUTM holders. These leading holders will receive bonus token rewards for maintaining their positions. This initiative encourages sustained commitment to the project.

Finding value beyond volatility

Solana’s near-term direction hinges on defending $155. Market sentiment, reflected in crypto prices, remains cautious. While SOL battles resistance, Mutuum Finance (MUTM) presents a compelling alternative. 

Its presale offers a defined entry point with clear, calculable returns. The $0.03 price in Phase 5 delivers an immediate 100% gain at launch. Post-launch growth potential, targeting $3.50, suggests extraordinary upside. 

Combine this with a CertiK-verified platform, real utility in decentralized finance, and active community incentives. Mutuum Finance (MUTM) stands out as a project built for tangible growth. 

Discover why investors are choosing Mutuum Finance (MUTM) during this presale phase. For more information about Mutuum Finance (MUTM) visit the links below:

Website: https://mutuum.com/

Linktree: https://linktr.ee/mutuumfinance

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