$SOL
The #Solana 🪙 is currently inside a descending channel, and the momentum is gradually weakening, and the price is close to the $60 area which is the most important point in the market right now because it represents strong support and the end of the channel, and here the direction will actually be determined, if the price can hold above it, we might see a gradual rebound targeting the $120 to $160 range, but if it breaks down clearly and holds below it, the likelihood is that the decline will continue to lower levels, in short, $60 is the decision point for Solana either we recover or continue to drop more and more
📊 Solana is currently moving inside a clear downtrend channel with momentum gradually fading, and the price is now approaching the $60 area which stands out as the most critical level in the market since it acts as a strong support and the lower boundary of the channel, this is where direction will be decided, if price manages to hold above this zone we could see a gradual rebound targeting the $120 to $160 range, but if it breaks down and holds below it then continuation to lower levels becomes the more likely scenario, in short $60 is the decision point for Solana either a recovery or further downside