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📉 SOL Slides Further — But Is a Reversal Closer Than It Loo

koinmilyoner

Updated at: 2 days ago

{"content":"📉 SOL Slides Further — But Is a Reversal Closer Than It Looks? From $172, Solana fell. SOL price is falling and may go below $155. From the $172 US Dollar barrier zone, SOL price fell again. The price is below $162 and the 100-hourly SMA. On the hourly SOL/USD chart, a negative trend line with resistance at $160 is formed. The pair might rise again if it breaks $160 resistance. Again, Solana Prices Fall Like Bitcoin and Ethereum, Solana pricing lost ground over $172. SOL accelerated below $160 support. Price dropped below $155. A low around $150 sparked a recent comeback. Price rose beyond $155. It broke the 23.6% Fib retracement level of the latest drop from $180 swing high to $150 low. Solana is below $160 and the 100-hour SMA. The hourly SOL/USD chart shows a negative trend line with resistance at $160. The trend line and $160 level provide barriers on the upswing. Near $165 is the next significant resistance. It is around the 50% Fib retracement level of the latest slide from $180 swing high to $150 low. The major obstacle may be $170. Close over the $170 barrier zone might start another steady rise. The next hurdle is $172. More advances might push the price toward $180. SOL Decline Again? SOL might tumble again if it fails to break $160 barrier. Near $155 is first downside support. Near $152 is the first substantial support. A fall below $152 might push the price near $145. If the price closes below $145, it may fall to $132. Tech Indicators MACD hourly for SOL/USD is rising in the negative zone. Hourly RSI – RSI for SOL/USD is below 50. Major Support Levels: $155 and $152. Major Resistance: $160, $162. #sol #MyCOSTrade #CEXvsDEX101 #FTXRefunds #BinanceAlphaAlert $SOL ","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025062025/06/02/3987d22c64974e4180630c69e19c4927.png"],"tags":[],"tradingPairs":["ETH/USDT"],"quotearticleid":0}

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