Solana Faces Downfall Risk if It Fails to Reclaim Key Resistance Zone

Solana's price is trading near $73 after falling below key support levels on its four-hour and 12-hour charts. This has weakened its bullish trend, signaling potential further declines towards $68 or even $60.

To avoid this bearish scenario, Solana needs to reclaim the $74.30-$77 resistance zone and hold above it. If successful, this would confirm a bullish reversal and open the path to higher targets around $84 and $92.

However, until then, the outlook remains cautious with $68 as a critical support level to watch for stabilization or further decline.