Solana Price Tests Key Support at $74 Amid Record Payments Volume
Solana's price is stuck near $74 as the cryptocurrency tests key support. The token is currently inside a symmetrical triangle pattern, which is getting tighter and narrowing toward a breakout.
Cryptographer Cryptorphic highlighted this setup on Twitter, noting that the structure is getting tighter and expecting a bigger move soon.
A clean bounce from $74 could send SOL back towards $78-$80, while a break below would open the door to a deeper pullback as the triangle resolves to the downside.