Ali Martinez, a leading cryptocurrency analyst and trader, pointed out on Tuesday that Solana (CRYPTO: SOL) successfully hit the target they set following a sell signal earlier in the week.
Sell Signal Turns Out To Be Accurate Martinez had flagged a "near-term cooling signal" after SOL tested key resistances at $74.85 and $75.
They set an extended target of around $68.
The seventh-largest coin by market capitalization eventually hit the target on Tuesday, as a wider sell-off in the cryptocurrency market unfolded alongside a sharp decline in chip stocks.
Solana $SOL just hit my target at $68. ✔️ https://t.co/lKIW8tnB5K pic.twitter.com/Ejv7p9jX30— Ali Charts (@alicharts) June 23, 2026 Whale Holds Overleveraged Short Bet It’s worth highlighting that a large whale trader entered a highly leveraged 20x bearish bet on Solana earlier on Tuesday.
