Solana is slowly drifting below $117, the bottom of September 21, where it has significant support.
Solana price today is $149.04 USD with a 24-hour trading volume of $2,797,275,773 USD. Solana is down 11.75% in the last 24 hours, with a market cap of $46,115,667,830 USD. It has a circulating supply of 309,418,731 SOL coins.
Solana is currently resting above the EMA 200 support. Like Ethereum, Solana is moving downwards inside a parallel bearish channel. Conversely, looks like Solana is forming an inverted head and shoulder pattern inside the parallel channel. Solana has resistance at $190, fib 0.618, and local support at $138. In the case of a major plunge, Solana has support at $78, fib 1.618.