$SOL

🚨Solana Price Prediction: Will SOL Go Below $160?🚨

Solana is under pressure. The token fell nearly 7% this week, closing Friday at $162.72 – its third straight daily drop. Geopolitical tensions and renewed US tariff fears are hitting market sentiment, dragging Solana to a two-week low.

Technical signs look weak for Solana’s price prediction. The RSI slipped to 46, below the neutral 50 line, showing growing selling pressure. It’s also diverging from price action – a red flag. The MACD is trending down, with red histogram bars deepening, often a signal of a trend shift.

Solana couldn’t break above the 50% Fibonacci retracement from its January high to April low, showing strong resistance. If it can’t reclaim $165, support at $140.32 could come into play.

Derivatives data support this bearish shift. Solana’s Futures Open Interest dropped 3.23% to $7.11B. Long liquidations hit $18.98M – much higher than shorts – while funding flipped negative at -0.0013%.

To bounce back, Solana must hold $165. Until then, bears have the upper hand, and many traders say $140 is the next Solana price prediction.

#solana320 #Trendingissue #Trendingcoin320 #mr320 #Binance320