🟢 SOLANA (SOL) — $164.66 | -2.31% | Cap: $88.55B
📊 Current technical analysis:
Solana continues its correction after weeks of strong momentum. The price drops by -2.31%, momentarily losing support at $165. Nevertheless, the volume ($6.08B) remains healthy and the ascending channel structure has not been completely broken.
The RSI remains at 46, indicating that there may be more room for declines before finding a bounce zone. According to Artemis, Solana is the chain with the highest growth in unique users in July, which supports its long-term bullish narrative.
📈 Immediate resistance: $170
📉 Technical support: $160
📊 MACD: About to cross negatively, but not confirmed yet.
📌 Projection:
If SOL loses $160, it could drop to $150, where the dynamic support of the 3-month bullish channel lies.
🧭 Strategic Reflection:
Solana still has room for healthy correction. $160 will be the decisive level of the month.
