*Market Alert: Solana (SOL) under pressure, a decline of 48% possible*
Cryptocurrency analyst, Ali Martinez, warns of a major correction risk for Solana (SOL).
According to his technical analysis, if the price fails to overcome the key resistance around *$138*, a sharp drop to *$65* (−48%) could occur.
This scenario would reflect a trend reversal, shifting from bullish momentum to a bearish phase.
*Key points to remember:*
-*Critical level to watch: * $138 (major resistance).
-*Bearish target in case of a breakout: * $65, representing a nearly half decline.
-*Technical signal: * A failure to break through resistance would confirm a downward trend.
*🔥 New record for Solana in Q1 2025!*
With revenues higher than *all other L1 and L2 networks combined*, Solana (#SOL) confirms its dominance 💪.
