📉 $SOL is sliding... Is the collapse approaching? 🐻🌪️
In August 2025, the Solana (SOL) currency is facing increasing technical and behavioral pressures, amid a clear decline in momentum and rising selling activity from whales. Here’s a professional and dramatic analysis summarizing the picture:
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📊 Current Technical Situation:
- Price: $160.91 with a daily decrease of ‑1.98%
- Clear breakdown of the support level at $178, which was considered the dynamic defense line
- RSI indicator approaching the oversold zone → Weakness in buying power
- MACD in deep negative crossover → Continuation of the downtrend
- Trading volume declining, weakening any potential rebound attempt⁽³⁾
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🐋 Whale and Institutional Behavior:
- Massive sell-offs from large wallets, including the transfer of $17M of SOL to Binance and OKX
- Liquidation of long positions worth $57M within a few days — the highest level since February
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📉 Price Predictions for August 2025:
Scenario Estimated Price Notes
Continued decline $140 – $120 If support at $159 fails to hold Potential rebound $186 – $190 If $178 is regained with strong support Bullish breakout $234 – $300 If momentum returns and liquidity increases
⚠️ Dramatic Summary:
Solana is not collapsing suddenly… but is quietly eroding. Between whale liquidations, declining activity, and breakdowns of support levels, it seems that $SOL is going through a real testing phase. Unless strong trading volume or unexpected institutional support appears, the path to $120 may not be far off.