Solana's price faces a potential decline toward $47-$49,

 Solana's price faces a potential decline toward $47-$49, as indicated by a bearish head and shoulders pattern and Fibonacci extension levels on the weekly chart. Despite achieving milestones like $1 billion in RWA market cap and positive developments such as Citi's proof of concept on Solana, the overall trend remains downward. Key resistance levels are identified at $95, $110, and $120-$127, while short-term trading is confined between $76.6 and $89.8. A break below $76 could accelerate the drop toward $50, while a move above $128.34 is needed to reverse the bearish trend. Network growth and high on-chain activity do not necessarily indicate a bullish divergence due to speculative memecoin trading.

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