A rising trend breakout has arrived in Solana (SOL): Will the decline continue?
Solana (SOL), which showed an effective performance with the Memecoin craze, lost value by succumbing to the retreat in the market. SOL, with the wind of Memecoin behind it, touched $ 210 a few days ago, making both its ecosystem and investors happy. The sharp rise of memecoins on the Solana network was a driving force for parity. However, the decline of Bitcoin (BTC) dealt a blow to the market, especially SOL. SOL, which has been maintaining its upward momentum for days, retreated to $170 with this development. The major coin, which saw a sales wave after falling below $ 200, may retreat to $ 148.63 - 130.30 and $ 117, respectively, if it cannot maintain $ 168.58 as a support level. This decline of SOL, which had a very effective bull season, confused people.
