Solana Weak at $126: Why $120 is the Line in the Sand

Solana at $126 looks heavy again, and trades only just above the crucial $120 level. If SOL falls below this level, which has been defended multiple times, it would lead to a total breakdown. Across the board, layer one valuations are compressing, and interest in memecoins has fallen off a cliff. Investors are no longer [...]

The post Solana Weak at $126: Why $120 is the Line in the Sand appeared first on Blockonomi.