Solana dropped 7.5% in 24 hours, testing support at $187 and $179. Ali Martinez suggests buying at $176 or breakout above $207, targeting $300. Weekly indicators show consolidation within a long-term symmetrical 0 (SOL) faced heavy selling pressure over the last 24 hours, with the token crashing 7.5% and losing its grip above the key $200 resistance 1 is Solana (SOL) price dropping? At the time of writing, SOL is trading near $187, testing its 20-day EMA as immediate 2 bearish momentum persist, the 50-day EMA at $179 emerges as the next critical level to 3 Is a Good Price to Buy the Solana Dip?
Crypto analyst Ali Martinez noted that Solana’s latest rejection is a result of the market’s hesitation around the $200 4 shared a chart that showed a prolonged ascending triangle structure with strong demand around the $176–$180 zone.
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