Update
Solana Downtrend Continues with New Support Break
Solana's daily chart shows a weak price structure with sellers controlling recent movements. The price has broken below the fourth downside target, which was previously at approximately $120 during September. The support break has brought the fourth downside target into closer focus, with the price now near $89.41. The Parabolic SAR indicator has shifted above the daily candles, reflecting a bearish trend. The longer moving average remains near $108, indicating a correction depth. The RSI reading also points to weak market momentum, but a recovery toward the longer moving average would require substantial buying strength.