The price of Solana (SOL) is at a crucial point as technical indicators suggest a potential breakdown. A bearish flag pattern has formed, indicating a continuation of the recent downward movement. The price is currently trading at $225.96 with a 2.0% decline. If the support level at $227 fails to hold, SOL could retest the horizontal resistance before potentially dropping to around $211. The descending trendline acts as resistance, and breaking above it would invalidate the bearish outlook. Market sentiment is mixed, with trading volume relatively low. If bearish momentum continues, traders may wait for further confirmation before entering new positions.



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