The past week has seen strong selling pressure on Solana (SOL) price with a 20% correction in value. Reducing its market cap to $85 billion with indicators on the downside and trading below critical levels, according to Tiago Amaral on Beincrypto.

If the current downtrend continues, SOL is at risk of testing the supports at $159 and $147, with a possible drop to $133 marking a 22.6% correction. However, a recovery could see it challenge the resistance at $183 and if broken, target a bounce to $203, offering hope for a return of bullish momentum.$SOL