Solana Price Analysis: SOL Breaks Critical Trendline as Fibonacci Support Tested

Solana's bullish momentum has faced a significant setback as the cryptocurrency broke below a crucial trendline support level. Technical analysts are now closely monitoring Fibonacci retracement levels as potential support zones. The SOL price action indicates a shift in market sentiment following the trendline breakdown. This technical development suggests potential further downside unless key Fibonacci levels can hold as support. Traders are watching these critical technical indicators to determine Solana's next price direction in the coming trading sessions.