• Solana lost its key support at $20 and is now accelerating downwards.
• Trading volume, RSI and MACD all indicate a bearish bias in the short-term.
• The most likely area where Solana can stop this selloff is found at $15.
Solana Price Analysis
Solana lost its key support at $20 and is now accelerating downwards.
Key Support levels: $17, $15
Key Resistance levels: $20, $23
The sustained sell volume in the past week has pushed Solana into making lower lows.
The daily RSI is quickly approaching the oversold area at under 30 points.
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