$SOL
🚨Solana Price Prediction🚨
From a technical perspective, Solana has dropped back into a consolidation range between $178 and $166, suggesting a higher probability of further decline toward the lower end of this range. This aligns with the cautious sentiment driven by broader macroeconomic uncertainty and crypto market indecision.
Nonetheless, key support levels remain intact. Solana is still trading above important technical markers such as the point of control at $172, the 7-day rolling VWAP, and even the yearly VWAP—levels that could serve as a base for a renewed bullish attempt.
If these supports hold through the weekend and into Monday, the potential for a breakout and push toward the $191–$192 zone remains valid. This scenario, while less likely in the current environment, shouldn’t be ruled out entirely.
Solana is in a critical phase where it balances strong technical support and ecosystem fundamentals against broader market uncertainty. The most probable scenario in the short term is a continued move within its current range, possibly revisiting support near $164–$166.
However, its relative strength and key support levels keep the door open for a bullish reversal if market conditions stabilize.