Solana Outlook: $40.9M Treasury Loss Puts Focus on SOL's $80 Support
A Solana treasury company reported a $40.9 million loss as SOL traded near $83 and hovered just above the $80 support area. The chart setup highlighted a bearish head-and-shoulders structure that points to $59 if $80 breaks, while Solana's weekly DEX volume fell from $118 billion to $12 billion.