Solana (SOL) Loses Its Footing, Setting the Stage for Another Dive

Solana failed to settle above $145 and nosedived. SOL price is now consolidating losses below $135 and might decline further below $130.SOL price started a fresh decline below $138 and $135 against the US Dollar.
The price is now trading below $135 and the 100-hourly simple moving average.
There is a key bearish trend line forming with resistance at $140 on the hourly chart of the SOL/USD pair (data source from Kraken).
The price could start a recovery wave if the bulls defend $132 or $130.Solan