Solana Faces Potential Downside as Support Level Tested

Solana experienced a decline of nearly 5% today, testing support around $84.36. According to NS3.AI, a head-and-shoulders pattern suggests a potential downside of approximately 12% if the neckline is breached. Exchange net outflows decreased from around 2.1 million SOL on March 22 to about 1.3 million SOL by March 26, indicating reduced buying pressure at the support level.