Solana: the fall might continue below our target

Solana perfectly hits our target of $122, mentioned yesterday. As the whole market bleeds, the fall might continue below our target.

Keeping the support level of $130 was hard to maintain because of the huge price rally downwards. The next target for Solana is at $112, fib 1.618 which also acts as a support. However, Solana might rise again to the accumulation zone again. If did, it can delay the bearish moves. Solana has local resistance at $130, fib 1.272.