🛑Sol Detailed Analysis and Evaluation 🛑
⭕️Solana (SOL) price has fallen from $172 to $154, with the pair below $162 and the 100-hourly SMA.
⭕️A negative trend line with resistance at $160 is formed on the hourly SOL/USD chart. The pair may rise again if it breaks the $160 resistance.
⭕️The major obstacle may be $170, with close over the $170 barrier zone potentially starting another steady rise.
⭕️If SOL fails to break the $160 barrier, it may tumble again. Tech indicators show a rising MACD hourly for SOL/USD, with hourly RSI below 50.
⭕️Major support levels are $155 and $152, and resistance is $160 and $162.
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