The medium-term uptrend for Solana has been broken

The medium-term uptrend for Solana has been broken, facing resistance at $135-$140. Failure to reclaim this level could see the price move towards lower targets around $110 and $100.

6/24/20241 min read

Chart showing Solana's broken medium-term uptrend with resistance at $135-$140, indicating potential
Chart showing Solana's broken medium-term uptrend with resistance at $135-$140, indicating potential

The medium-term uptrend for Solana has been broken, and it is now facing resistance in the $135-$140 range. This area acts as a key level for potential price reversal. If Solana fails to reclaim this level, the price is likely to move towards lower targets around $110 and $100.