Analysts flag Solana after 8 straight red monthly candles, key levels outlined

Crypto Patel said Solana has logged 8 consecutive red monthly candles for the first time, calling the setup worth watching as a possible repeat of prior cycle behavior. He highlighted an $80 to $50 area as a potential accumulation range if SOL dips further, while another analyst expects a retest of $67–$58 before a rebound toward $120–$175. At the time of writing, SOL traded around $70, down over 5% in 24 hours.