Solana has good support above $140 and yesterday we feared it will break, and it did. Solana is sliding swiftly after retesting the support level. After breaking the native support of $135, fib 0.786, Solana is bleeding red to our target at $122, fib 1.272 – losing more than 13% from the current price. Solana has negligible support at $130 but it won’t be able to hold off such huge rally support by volumes. The local resistance for Solana is at $140.
