The analysis focuses on Solana (SOLUSDT), noting that it has recently reached a new low, rapidly approaching its macro neckline. The neckline, which has been holding for two years, ranges from $120 to $94. A Fibonacci retracement from the recent low before the macro rally places the 0.382 retracement level at $100. If Solana breaks below $100, a move down to the 0.618 retracement at $50 is anticipated before a potential bounce. Short term, as long as Solana stays below $162, the price action is considered bearish. Overcoming the $162 level, according to the analysis, could suggest a bottom formation and potentially trigger a rally to the 0.618 retracement at $190. As long as the price remains below 145, the analysis leans bearish.