Solana Price Plunges Below Critical $165 Support Level - Technical Analysis Breakdown

Solana's SOL token has experienced a significant downturn, breaking below the crucial $165 support level that traders had been closely monitoring. The cryptocurrency's technical support structure has shown signs of weakening, indicating potential further downward pressure in the near term. This breakdown represents a key moment for SOL investors and could signal a shift in market sentiment toward the popular altcoin.