<ul><li>Solana drops to $163, breaking below key Fibonacci support amid a bearish pattern and rising long liquidations.</li><li>Solana's struggle to maintain bullish momentum, trading at $163, signals a deeper correction as a bearish pattern unfolds.</li><li>With Solana's price down nearly 7% this week, it failed to break above the 61.8% Fibonacci retracement level, forming a double-top pattern.</li><li>Solana's network activity declines as active addresses reduce, while bearish sentiment reshapes the derivatives market with long liquidations surging.</li></ul>

Solana Drops to $163 Amid Bearish Pattern: Is $150 Next?

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