Solana (SOL) Death Cross Incoming, Dogecoin (DOGE) Hits Last Possible Support, Ethereum (ETH) Says Goodbye to $2,000

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Solana Faces Intensifying Bearish Pressure, Death Cross Looms

Solana is experiencing significant bearish pressure, nearing a potential death cross formation. This technical indicator, where the 50-day moving average crosses below the 200-day moving average, often signals sustained downward price movement. The recent breakdown below the crucial $150 support level has exacerbated Solana's weakening market structure. The price currently trades around $124, reflecting ongoing selling pressure. Should the death cross materialize, further declines and potential liquidations are likely. Previous：Without Next：Without