#Solana has been declining steadily for a week, down 13%, with sellers slowly offloading instead of panic-selling. This gradual drop has created a rounding top pattern, and unlike a sharp crash, there’s no obvious liquidity gap for buyers to target.
$SOL peaked at $206 but has already dropped 22% to its current support at $158. If it breaks below this level, the price could fall further—especially since weekends often favor sellers. The next major support could be $120 by August if the downtrend continues.
There’s a slight bullish signal: the AO indicator is turning green (though still negative), suggesting selling pressure may be weakening. If the AO moves above zero, a reversal might be coming.
For now, SOL direction depends on whether buyers step in or sellers keep dominating. Stay cautious.
#TrumpTariffs
$SOL peaked at $206 but has already dropped 22% to its current support at $158. If it breaks below this level, the price could fall further—especially since weekends often favor sellers. The next major support could be $120 by August if the downtrend continues.
There’s a slight bullish signal: the AO indicator is turning green (though still negative), suggesting selling pressure may be weakening. If the AO moves above zero, a reversal might be coming.
For now, SOL direction depends on whether buyers step in or sellers keep dominating. Stay cautious.
#TrumpTariffs
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SOL
165.13
+0.56%
