## SOL Faces Technical Breakdown as On-Chain Metrics Signal Weakness
Solana's recent price movement tells a concerning story. The token has surrendered substantial gains since its August peak of $252.55, currently trading around $133.71 after plummeting over 47% from that high. What's more alarming is the technical setup: SOL has broken below a bearish flag formation on the daily chart, a pattern that typically precedes further downward pressure. If the selling continues, traders are eyeing the $100 psychological support level—representing another 25% of potential downside from current prices.