#Solana has dropped 12% in a week, now trading at $163, with whales selling over $17M SOL and a record $57M in long positions liquidated.
A bearish rounding top pattern and negative funding rates point to further downside, with support at $159 likely to break. If selling pressure continues, $SOL could fall to $120 before August ends, though slight bullish signals on the Awesome Oscillator suggest sellers may be tiring.