Solana is quietly ranging below $140, heading towards the January 10’s bottom of $130. Since Solana is below EMA 20 on a 4-hour chart, it is considered to be extremely bearish.
Solana price today is $136.01 USD with a 24-hour trading volume of $1,464,494,502 USD. Solana is down 5.29% in the last 24 hours, with a market cap of $42,728,343,183 USD. It has a circulating supply of 314,152,199 SOL coins.
Solana Bulls must keep up this support level in order to remain neutral or expect a mild bullish rally up to the previous high of $151 of January 16. Otherwise, we may enter a bearish cycle dropping the price to $124 support, fib 1.414. Solana must rise above the shaded zone near $175 to perfectly develop a bullish pattern.