Solana (SOL) is experiencing a downturn, with its price hitting a five-month low of $130 amid collapsing trading volumes. Despite some technical buy signals appearing, the drastic decline presents a concerning outlook for SOL’s critical support level. The combination of reduced trading activity and price drops raises questions about Solana’s resilience in the current market environment. Traders should keep a close watch on any developments that could affect price stability. Understanding the underlying reasons for the volume drop will be vital for investors looking to navigate this challenging landscape effectively.