Move Expected After Breakdown

Current Price: ~$295

Target: $140

📊 Market Structure

Solana has broken key structural support near the $290–$275 zone, confirming a bearish shift in market structure on both the daily and 4H frames.

The break was accompanied by rising volume on the downside, signaling strong selling pressure.

📉 Bearish Bias Remains

Short-term trend: Bearish

Mid-term trend: Bearish

Long-term trend: Neutral → Turning Bearish if $250 breaks decisively