#sol Crypto expert warns: Danger awaiting Solana!

Peter Brandt, known for his cryptocurrency analysis, warned that Solana (SOL) could fall to $ 80.

Solana, which had a good rise with the memecoin trend until a few weeks ago, is currently unable to show the same effect. The sharp increase in other Layer-1 coins and the flow of money to different ecosystems have almost undermined SOL. With Bitcoin reaching $ 62,000, the popular altcoin, which has been pushing the $ 139 resistance, is facing heavy sales. So what is the expectation of famous analyst Peter Brandt?

There are two critical levels for Solana (SOL)

Peter Brandt, who follows two levels in particular on the Solana (SOL) chart, touched on a possible decline in the near future. According to the crypto expert, it is very important to follow $ 129 and $ 204 in order to expect sharp movements. If $204 is exceeded, a Solana bull like in 2021 can be expected again.

The level that Brandt is following as support is $129. SOL, which changed hands at $138 as of the writing of the news, is very close to this level. BTC falling below $60,000, an increase in BTC dominance, or bad news about the Solana ecosystem could pull the SOL price below $129.

If $129 cannot be maintained as support, the famous analyst expects a drop to $80. SOL, which was last traded at $80 in January, will ring alarm bells if it falls to this level again. However, considering the current conditions of the market, a drop to $80 does not seem possible in the short term. What do you think about this issue? Will (SOL) fall to $80?