The post Hovers at $76 as Daily Bear Flag Targets $37 appeared on BitcoinEthereumNews.com. Solana sat near $76 support as one analyst flagged a bear flag and a The post Hovers at $76 as Daily Bear Flag Targets $37 appeared on BitcoinEthereumNews.com. Solana sat near $76 support as one analyst flagged a bear flag and a

Hovers at $76 as Daily Bear Flag Targets $37

Solana sat near $76 support as one analyst flagged a bear flag and a triple top on the daily chart. At the same time, Artemis data showed Solana leading all chains with about $640,000 in fees over 24 hours.

Solana Daily Chart Shows Bear Flag and Triple Top Near $76 Support

Solana traded near a key support area as daily chart patterns tightened around the $76 level. An analyst on X, known as jussy (@jussy_world), pointed to two bearish formations on the SOLUSD daily chart. First, a bear flag formed after a sharp selloff, with price consolidating inside a downward-sloping channel. Second, a triple top developed across recent swings, with three rounded peaks failing to hold higher ground. Together, the patterns frame downside risk if support fails.

Solana Daily Bear Flag and Triple Top. Source: jussy on X

Meanwhile, the bear flag structure tracks a pause after the prior decline. Price action moved sideways within the flag while sellers kept control along the upper boundary. The projected downside target from the flag aligns near $37 on the chart. At the same time, the triple top marks repeated failures near the same resistance zone, which reflects fading momentum on rebounds. The pattern’s measured move points toward the $61 area, based on the height between resistance and the neckline.

However, both scenarios hinge on a clean break of $76 support. The chart highlights $76 as the level that holds the structure in place. If price closes below that line, the analyst said the move would confirm. Until then, Solana remains compressed above support, with daily candles clustering near the breakdown point. The setup places focus on the next daily closes, as a loss of $76 would activate the mapped downside paths shown on the chart.

Solana Tops Chains by Fees Over Last 24 Hours, Artemis Data Shows

Meanwhile, Solana led all major blockchains by fees over the past 24 hours, according to Artemis data shared by Solana Hub on X. The chart ranks networks by total fees collected in the last day and places Solana at the top of the table. Solana posted about $640,000 in fees, which put it ahead of Tron and edgeX. The snapshot reflects network activity during the latest trading session.

Top Chains by Fees Last 24 Hours. Source: Artemis via Solana Hub on X

Meanwhile, Tron followed close behind Solana, with daily fees near the upper range of the chart. edgeX ranked third, while Ethereum placed below edgeX despite its larger base of users. BNB Chain and Bitcoin trailed Ethereum in the same 24 hour window. Hyperliquid, Base, Polygon PoS, and Osmosis formed the next tier, with visibly lower fee totals than the top three networks.

Further down the ranking, Dogecoin, Cronos, and Arbitrum posted smaller fee totals over the same period. Internet Computer, Sui, TON, Stride, Starknet, Abstract, and Avalanche C Chain sat near the bottom of the chart. The distribution shows a steep drop from the top three networks to the rest of the field. The gap highlights how fee generation concentrated among a small group of chains during the period shown.

Source: https://coinpaper.com/14920/solana-price-hovers-at-76-as-daily-bear-flag-targets-37-while-fees-hit-640-k

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