š Market Movement & Futures Activity
Solana recently rebounded from the $80 support zone but faces strong resistance at $113, where futures volume surged ~252% in July to $8.1Bālikely on growing ETF expectations .
In a separate development, a whale sold $17M in SOL, triggering a 10% price drop and a $57M long squeeze. Analysts warn of further downside toward $120 if bearish momentum continues .
š¬ Technical View & Liquidity
SOL currently trades around $162ā163, approximately 1.5% higher in 24h and about 17% off its recent high near $194 .
Bearish trading patterns on short-term charts suggest caution, though potential breakout beyond resistance could fuel uptrend toward $159ā$200+ | long-term bulls eye $250+ .
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š SOL at a Glance
Metric Value
Todayās Price āāÆ$162ā163
24h Change +1ā1.5%
Support Levels $80, $113
Resistance Zones ~$159ā$200
Whale Activity $17M sell-off; $57M long squeeze
Futures Volume July: ~$8.1B (up 252%)