The article discusses the recent challenges faced by Solana (SOL) in terms of its price, which has dropped by 21% in the last 30 days. Despite this decline, SOL remains the 6th largest cryptocurrency in the market. Technical indicators such as BBTrend, DMI, and EMA lines suggest that while the downtrend persists, its strength has diminished, and the price is currently consolidating. The BBTrend indicator shows a neutral stance for SOL, indicating a lack of a strong directional bias. The DMI chart shows a weakening trend strength, with bearish pressure slightly dominant. The EMA lines continue to suggest a bearish setup, indicating ongoing downward momentum. The article mentions key support and resistance levels and highlights that a shift in market momentum and a reversal of the downtrend would be needed for SOL to establish an uptrend.



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