SOL Eyes 2 Month Lows

The downtrend continues for Solana, which peaked on December 3rd. Unlike some other coins, it has fallen continuously since the beginning of the month with only 3 days of very modest rallies. From the current price level, it first might extend to a near term support level of fib -0.236 at $153 and then rise to the resistance level of $179 where the major trend line stands. If this support fails to hold the bear trend, the next support is $143.