Solana is down 12% from its recent high.
Current prices: $BTC at $23,500, $ETH at $1,800, $BNB at $280, $SOL at $90.
Solana failed to break out of a Parallel Channel, a technical analysis pattern, and was rejected from the resistance level, which is a bearish signal, with the latest retrace coming after this rejection, a 10% drop in the last 48 hours, and a potential 15% more to come.
Support at $78, Resistance at $100.
Bearish signal, target $70.