Solana (SOL) Freefall—Can It Hold Above The $100 Danger Zone?

Solana (SOL) Freefall—Can It Hold Above The $100 Danger Zone?

Solana started a fresh decline below the $112 support zone. SOL price is now consolidating and might struggle to stay above the $100 support zone.


  • SOL price started a fresh decline below $112 support zone against the US Dollar.

  • The price is now trading below $105 and the 100-hourly simple moving average.

  • There was a break below a key contracting triangle with support at $118 on the hourly chart of the SOL/USD pair (data source from Kraken).

  • The pair could accelerate lower if there is a break below the $100 support zone.

  • Solana Price Dips Over 15%


    Solana price started a fresh decline below the $122 and $115 levels, like Bitcoin and Ethereum. SOL even declined below the $112 support level to enter a bearish zone.


    There was a break below a key contracting triangle with support at $118 on the ..

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