Solana Faces Growing Selling Pressure

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Solana Faces Growing Selling PressureSolanaCRYPTO:SOLUSDDynamic_Trade_Strategies📊 SOL/USD is showing increasing bearish pressure after failing to break above a key resistance zone and remaining below the descending trendline. Price has produced a series of lower highs, while repeated rejections from the highlighted supply area suggest that sellers continue to dominate the market. The Ichimoku structure also supports the bearish outlook, with price struggling to regain bullish momentum. As long as the descending trendline and resistance zone remain intact, the path of least resistance continues to favor the downside. A confirmed rejection from the current levels could accelerate selling pressure and trigger the next bearish leg. 🔍 🎯 If sellers maintain control and price breaks below the nearby support, the first downside objective is 70.17. 🚨 Continued bearish momentum could extend the decline toward the second target at 68.10, where the next major support level is expected. ⚠️ A sustained move above the highlighted resistance zone would weaken the bearish outlook and delay the expected downside scenario. If you found this analysis helpful, don’t forget to LIKE 👍 and COMMENT 💬!