$SOL Under Bearish Attention: Fibonacci Levels Play Key Role

Solana price fell 16.78% from $264.36 amid a descending channel.

SOL is trading below the 20, 50, 100 and 200 EMAs, adding to the bearish sentiment.

SOL liquidations totaled $15.37 million, of which $14.47 million was long.$BNB $DOGE #2024Crypto #2024withBinance