Technical Outlook and Price Expectations for SOL

The technical analysis shows that the price of SOL continues its downward trend. The support level of 180 USD has been lost, and the price fell below the Fibonacci retracement point at 175 USD. Current developments suggest that the price could react to the range of 180-190 USD in the short term.

However, as the overall bearish momentum persists, there is a high probability that SOL will fall to 157 USD and below in the coming days.