$SOL approaches $180 after breaking key support and increasing bearish contraction**
Current price and clear technical structure
Current price: approximately $181.46
Intraday movement: approximately -5.4 %
Approximate range: between $180 and $181.50
SOL has experienced a significant pullback after losing the psychological level of $200. Technical indicators like MACD show bearish signals, while flows to exchanges are increasing, setting up a scenario of downward pressure.
Key factors
The bearish setup prevails after SOL failed to maintain above $200 and broke the 'neckline' around $182.
An increase in SOL inflows to centralized exchanges is observed, suggesting a rise in selling pressure.
Indicators like AO (Awesome Oscillator) and MACD have generated bearish signals, reinforcing the possibility of further declines.
Technical level of the day
Level Price
Support $175–$180
Resistance $185–$190
Critical zone Staying above $180 may prevent a drop to $170; breaking that zone would imply greater downside risk.
Macro / institutional outlook
Although bullish momentum has stalled, long-term positive expectations persist due to the strong adoption of the SSK staking ETF and network upgrades. However, the immediate technical environment requires caution.
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