Solana Price Prediction: Why SOL Could Dive Another 50%

Solana is accelerating lower below $12 and $10 levels against the US Dollar. SOL price remains at a risk of a move towards the $7.50 and $7.00 levels.Sol price is struggling and trading well below the $12 level against the US Dollar.
The price is now trading below $10 and the 100 simple moving average (4-hours).
There is a major bearish trend line forming with resistance near $10.55 on the 4-hours chart of the SOL/USD pair (data source from Kraken).
The pair could face a strong selling interest