Solana is facing renewed bearish pressure as its price continues to slide, bringing the altcoin close to a critical support level that has not been tested in more than seven months. The ongoing decline reflects deepening market weakness, and technical indicators suggest that further losses may be ahead unless conditions shift quickly. Solana Investors Are Facing Heavy Losses Solana’s exponential moving averages are signaling the potential formation of a Death Cross. This pattern occurs when the short-term EMA crosses below the long-term EMA, often indicating the start of a prolonged downtrend
source: https://beincrypto.com/solana-price-crash-likely-death-cross-nears/