币界网报道:Solana (SOL) is facing potential downside risks as analysts warn of a possible 58% price drop, citing bearish technical indicators. Crypto analyst Ali Martinez highlighted that SOL's current chart pattern resembles the one observed between December 2022 and October 2023, when the token consolidated before a significant breakout. Martinez notes that Solana is now forming a similar pattern, suggesting history might repeat itself with another period of consolidation followed by a potential breakout. However, the analyst cautions that if SOL fails to maintain support above $141, it could trigger a steep correction to as low as $58 - representing a 58% decline from current levels. The warning comes as Solana shows signs of weakening momentum, with its price struggling to hold above key support levels. Market participants are closely watching the $141 level, which has emerged as a critical threshold for SOL's near-term price direction. While some traders remain optimistic about Solana's long-term prospects due to its growing ecosystem and developer activity, others are preparing for possible downside volatility. The broader cryptocurrency market's performance and Bitcoin's price action may also influence SOL's trajectory in coming weeks. Analysts recommend monitoring trading volume and network activity metrics for additional clues about Solana's next major move.