Yes

>>Solana trades near $76, with a daily bear flag eyeing $37, and fees climbing to $640 K.

Solana trades near $76, with a daily bear flag eyeing $37, and fees climbing to $640 K.

crypthub

1 day ago

Technical Patterns

Solana is hovering around a key $76 support on the daily chart. Analyst jussy identified a bear flag forming after a sharp sell‑off, with price confined to a descending channel. A concurrent triple‑top shows three rounded peaks failing to break higher, indicating weakening momentum.

Downside Risks

Both patterns suggest a break below $76 could trigger further declines. The bear flag projects a target near $37, while the triple‑top measurement points to the $61 area. Until the support fails, Solana remains compressed, making daily closes critical.

Fee Leadership

Artemis data shows Solana generated about $640,000 in fees over the last 24 hours, topping all major blockchains. Tron and edgeX followed, with Ethereum falling behind the latter. The fee distribution highlights a steep concentration among the top three networks.

Solana trades near $76, with a daily bear flag eyeing $37, and fees climbing to $640 K.

Technical Patterns

Downside Risks

Fee Leadership

Solana trades near $76, with a daily bear flag eyeing $37, and fees climbing to $640 K.