SOL Meltdown 💥 — Bears in Full Control as Buyers Vanish B
koinmilyoner
Updated at: 5 hours ago
{"content":"SOL Meltdown 💥 — Bears in Full Control as Buyers Vanish
Below $180, Solana fell again. SOL price is consolidating losses below $175 and may fall below $165.
Below $180 and $175 versus the US Dollar, SOL price fell again.
The price is below $175 and the 100-hourly SMA.
On the hourly SOL/USD chart, a negative trend line with resistance at $191 is formed.
Bulls defending $165 or $162 might launch a comeback wave.
Solana Price Falls More
Solana fell like Bitcoin and Ethereum after failing to stay over $185. SOL fell below $182 and $180 supported levels.
Bearish momentum developed below $175. Below the 23.6% Fib retracement level of the negative move from the $188 swing high to the $163 low, the price is consolidating losses with a bearish angle.
Solana is below $175 and the 100-hour SMA. Near $170 is immediate upward barrier. The next big barrier is $175, the 50% Fib retracement level of the decline from the $188 swing high to the $163 low.
The major obstacle may be $182. Close over the $182 resistance zone might start another steady rise. The next hurdle is $190. The hourly SOL/USD data shows a negative trend line with resistance at $191. Further rises might push the price beyond $200.
Another SOL Drop?
SOL may fall if it fails to break $175. Near $165 is first downside support. Near $162 is the first big support.
Breach below $162 might push price below $154 support. If the stock closes below $154, it may fall toward $150.
Major Support Levels: $165, $162.
Major Resistance: $175, $182. 
#solana #MarketPullback #SolanaETFInflows $SOL ","images":["https://d35imkjvkj28kt.cloudfront.net/uploadfile/article/blog/2025112025/11/04/bafa18d3117149df633a620aeaf3c086.png"],"tags":[],"tradingPairs":["SOL/USDT"],"quotearticleid":0}