📉 $SOL
Where might the drop of SOL continue?
🔍 Current situation:
- Price at $193.09
- RSI = 25.01 → Excessive selling pressure
- MACD = –1.76 → Strong downward momentum
- Price broke key moving averages and is trading near the lower Bollinger band
📊 Drop predictions according to analyses:
- If the price fails to maintain support at $192 – $186, it may head towards:
- $173: Important technical support
- $160: ABC correction target according to FinanceFeeds analysis
- $154 – $140: Deeper support areas if selling pressure continues
📈 When will the drop stop?
- If a strong reversal candle appears or the price firmly rebounds above $201
- Or if the RSI improves above 35 with a positive MACD crossover
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📌 Summary:
The drop may continue towards $173 then $160 if no near-term rebound appears.
But these levels may present entry opportunities for medium-term investors, especially if positive technical signals emerge.
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