Solana Slides to Two-Year Low — Analysts Warn of More Downside

[etfs]

Solana (SOL) has fallen 38% in the last 30 days, hitting a two-year low of $67. Analysts point to a confirmed head-and-shoulders pattern, suggesting further declines ahead.

Measured targets range from $50 to $45, with some bearish analysts even eyeing $30 if the downtrend continues. Traders are closely watching the $75 support level from MVRV bands — a key area that historically signals a potential bottom.

[cryptohog]

sol down 38% in 30 days, head-and-shoulders confirmed, $50-$45 looks like the next stop